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CIBT: Fiscal 3Q Earnings Snapshot

VANCOUVER, British Columbia (AP) _ CIBT Education Group Inc. (MBAIF) on Tuesday reported fiscal third-quarter net income of $1.1 million.

The Vancouver, British Columbia-based company said it had net income of 1 cent per share. Earnings, adjusted for non-recurring gains, were less than 1 cent on a per-share basis.

The operator of business, technical and language colleges posted revenue of $9.8 million in the period.

In the final minutes of trading on Tuesday, the company’s shares hit 33 cents. A year ago, they were trading at 39 cents.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MBAIF at https://www.zacks.com/ap/MBAIF

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