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IBDvalueinvestin (99.64)

Watch CEU for any dips to buy in, because its Growth is Explosive.

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September 21, 2009 – Comments (1)

CEU growth is basically in one word EXPLODING :

# Revenue grew 82.1% year-over-year to $8.1 million in 2Q09.

# Net income grew 95.4% to $3.2 million in 2Q09 from $1.7 million in 2Q08.

# $4.5 million in operating cash flow in 2Q09, representing 155% growth year-over-year.

# Strong balance sheet with $29.3 million in working capital.

 

http://www.redchip.com/visibility/investor.asp?symbol=CEU

1 Comments – Post Your Own

#1) On September 21, 2009 at 2:11 PM, IBDvalueinvestin (99.64) wrote:

CEU China Education Alliance Financial Highlights

for the Three Months Ended June 30, 2009 --

Total revenue increased $3.66 million or 82.1% year-over-year to $8.12 million. -- Net income increased $1.58 million or 95.4% year-over-year to $3.24 million, compared to net income of $1.66 million in the second quarter of fiscal 2008.

-- EPS was $0.13 per fully diluted share, compared to EPS of $0.07 per fully diluted share in the second quarter of fiscal 2008. -- Operating income totalled $3.72 million, compared to an operating income of $1.77 million in the second quarter of 2008.

-- Gross profit rose 75.0% to $6.51 million or 80.2% of sales, compared to 83.5% of sales or $3.72 million in the second quarter of 2008.

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