Bright Scholar Announces Unaudited Financial Results for FY2019 First Fiscal Quarter Ended November 30, 2018

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Bright Scholar Education Holdings Limited (BEDU) Reports In-Line Q1 EPS

January 17, 2019 5:05 PM EST

Bright Scholar Education Holdings Limited (NYSE: BEDU) reported Q1 EPS of $0.19, in-line with the analyst estimate of $0.19. Revenue for the quarter came in at $93.43 million versus the consensus estimate of $89.22 million.

"Bright Scholar continues to perform well as we continue to successfully execute against our strategies" said Jerry He, Bright Scholar's Chief Executive Officer, "We are pleased with our robust revenue growth of 39.7%, and also adjusted gross profit, adjusted operating income, adjusted EBITDA and adjusted net income increased by 37.6%, 39.0%, 34.7% and 39.9%, respectively, compared to the same quarter of last fiscal year. Our... More