Bright Scholar Announces Unaudited Financial Results for FY2019 Second Fiscal Quarter

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Bright Scholar Education Holdings Limited (BEDU) Tops Q2 EPS by 1c, Revenues Beat

April 22, 2019 5:03 PM EDT

Bright Scholar Education Holdings Limited (NYSE: BEDU) reported Q2 EPS of $0.04, $0.01 better than the analyst estimate of $0.03. Revenue for the quarter came in at $76.04 million versus the consensus estimate of $74.64 million.

"We continue to make great strides in advancing our acquisitive growth strategies to scale our business and accelerate expansion of our service offerings to boost student engagement and academic success." said Jerry He, Executive Vice Chairman of Bright Scholar. "We recently entered into agreements to acquire 25% equity interests in Start Camp Education, which provides one-stop solutions in outdoor camp layout and... More