December 01, 2020 - 1:49 PM
VANCOUVER, British Columbia (AP) _ CIBT Education Group Inc. (MBAIF) on Tuesday reported a fiscal fourth-quarter loss of $3.3 million, after reporting a profit in the same period a year earlier.
On a per-share basis, the Vancouver, British Columbia-based company said it had a loss of 5 cents.
The operator of business, technical and language colleges posted revenue of $12.2 million in the period.
For the year, the company reported profit of $914,000, or 1 cent per share. Revenue was reported as $46.5 million.
In the final minutes of trading on Tuesday, the company's shares hit 50 cents. A year ago, they were trading at 45 cents.
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News from © The Associated Press, 2020