US Stocks Movement | Ambow Education surges 26% pre-market as Q1 revenue and profit both see significant growth
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格隆汇 May 12 | Chinese concept stock Ambow Education (AMBO.US) surged 26% before market open to $2.66. According to the news, Ambow Education released its Q1 2026 financial report after the close on May 11. Both revenue and profits saw significant growth: net revenue increased by 21.0% year-on-year to $2.8 million, gross margin improved to 60.2%, and operating profit grew more than threefold, achieving profitability. This remarkable performance was primarily driven by the robust results of the AI-powered hybrid learning platform HybriU. As the company's AI-driven hybrid education platform, HybriU is becoming the core driver of revenue growth.
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