CIBT Education Group Inc. Reports Consolidated Earnings Results for the First Quarter Ended November 30, 2016
CIBT Education Group Inc. reported consolidated earnings results for the first quarter ended November 30, 2016. For the quarter, the company reported net income was $5,660,983, or $0.07 per share, compared to a $387,900 or $0.01 per share for the same period a year ago. Total revenues were $13,979,876 compared to $9,364,420 for the same period a year ago. Income from continuing operations was $5,660,983 or $0.08 per share against $387,900 or $0.01 per share a year ago. EBITDA was $6,198,360 against $681,205 a year ago.