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

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Bright Scholar Announces Unaudited Financial Results for FY2019 Second Fiscal Quarter

April 22, 2019 5:00 PM EDT

FOSHAN, China, April 22, 2019 /PRNewswire/ -- Bright Scholar Education Holdings Limited ("Bright Scholar," the "Company," "we" or "our") (NYSE: BEDU), the largest operator of international and bilingual K-12 schools in China*, today announced its unaudited financial results for the second fiscal quarter ended February 28, 2019.

FY2019 Second Fiscal Quarter Ended February 28, 2019 Financial Highlights (in comparison to same period of the last fiscal year):

Revenue was RMB508.8 million, up 57.5% Gross profit was RMB150.3 million, up 108.0%; gross margin was 29.5%, up from 22.4% Adjusted gross profit (1) was... More