Four Seasons Education (FEDU) Misses Q1 EPS by 1c

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Four Seasons Education Reports First Quarter Fiscal 2019 Unaudited Financial Results

August 2, 2018 7:32 AM EDT

SHANGHAI, Aug. 2, 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 first quarter fiscal 2019, ended May 31, 2018.

First Quarter Fiscal 2019 Financial and Operational Highlights:

Revenue increased by 25.6% to RMB86.4 million (US$13.5 million) from RMB68.7 million in the same period of last year. Gross profit increased by 2.7% to RMB48.2 million (US$7.5 million) from RMB46.9 million in the... More