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Wah Fu Education Group (WAFU) Stock Rises on Quarterly Earnings

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Wah Fu Education Group Ltd. (WAFU) reported a weaker quarter, with revenue of $1.6 million slipping 2.7% from a year earlier. Profitability declined sharply, as gross profit fell to just $10.8 thousand, while operating loss widened to $420.9 thousand.

The company also posted a net loss attributable to common shareholders of $468.0 thousand, or ($0.11) per diluted share. Cash from operating activities was negative $743.2 thousand, reflecting continued pressure on the business.

On the balance sheet, Wah Fu ended the period with $9.0 million in cash and cash equivalents and $3.2 million in total liabilities. Shares were up 3.26% in morning trading following the release.

  • Revenue: $1.6 million, down 2.7%
  • Net loss: $468.0 thousand
  • Operating cash flow: ($743.2 thousand)
  • Cash and equivalents: $9.0 million
  • Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.

    Wah Fu Education Group Ltd. Hedge Fund Activity

    We have seen 3 institutional investors add shares of Wah Fu Education Group Ltd. stock to their portfolio, and 2 decrease their positions in their most recent quarter.

    Here are some of the largest recent moves:

    To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

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