Four Seasons Education (FEDU) Misses Q4 EPS by 1c

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Go back to Four Seasons Education (FEDU) Misses Q4 EPS by 1c

Four Seasons Education Reports Fourth Quarter and Fiscal Year 2018 Unaudited Financial Results

May 16, 2018 6:45 AM EDT

SHANGHAI, May 16, 2018 /PRNewswire/ -- Four Seasons Education (Cayman) Inc.  ("Four Seasons Education" or the "Company") (NYSE: FEDU), a leading after-school math education service provider for elementary school students in Shanghai, today announced its unaudited financial results for the fourth quarter and fiscal year 2018, ended February 28, 2018.

Fourth Quarter Financial and Operational Highlights:

Revenue increased by 40.0% to RMB67.2 million (US$10.6 million) from RMB48.0 million in the same period of last year. Gross profit increased by 38.6% to RMB37.7 million (US$6.0 million) from RMB27.2 million... More