ChinaCast Education Corporation (Nasdaq:CAST) announced its financial results for the second quarter ended June 30, 2011. Financial Highlights for the Second Quarter of Fiscal Year 2011 : Total revenues increased 60% year-over-year to $26.0 million, Net income attributable to the Company increased 34% year-over-year to $6.5 million, Diluted EPS of $0.13, Adjusted net income (non-GAAP) increased 42% year-over-year to $9.0 million, Adjusted diluted EPS (non-GAAP) of $0.18, Adjusted EBITDA (non-GAAP) increased 26% year-over-year to $12.0 million & Cash, cash equivalents and term deposits were $132.1 million.




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