Four Seasons Education (FEDU) Misses Q3 EPS by 3c, Revenues Miss
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Four Seasons Education Reports Third Quarter Fiscal 2019 Unaudited Financial Results
January 28, 2019 7:01 AM ESTSHANGHAI, Jan. 28, 2019 /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 third quarter fiscal year 2019, ended November 30, 2018.
Third Quarter Fiscal Year 2019 Financial and Operational Highlights
Revenue increased by 4.5% to RMB91.2 million (US$13.1 million) from RMB87.2 million in the same period of last year. Gross profit decreased by 15.7% to RMB48.1 million (US$6.9 million) from RMB57.1... More