OneSmart International Education Group (ONE) Reports Q2 Revenue Beat; Affirms FY19 Revenue Guidance Above Consensus

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OneSmart International Education Group Limited Announces Unaudited Financial Results for the Second Fiscal Quarter Ended February 28, 2019

April 30, 2019 5:01 AM EDT

- Quarterly results:Monthly Average Student Enrollments[1] Increased by 52.2% Year-over-YearNet Revenues increased by 42.1% Year-over-YearNet Revenues from OneSmart VIP business increased by 30.8% Year-over-YearNet Revenues from HappyMath increased by 45.1% Year-over-YearNet Revenues from FasTrack English increased by 257.5% Year-over-Year

- First half results:Monthly Average Student Enrollments[1] Increased by 54.3% Year-over-Year Net Revenues increased by 43.9% Year-over-YearNet Revenues from OneSmart VIP business increased by 31.9% Year-over-YearNet Revenues from HappyMath increased by 47.9% Year-over-YearNet Revenues from FasTrack English increased by 542.5%

SHANGHAI, April 30, 2019 /PRNewswire/ -- OneSmart International Education Group Limited (NYSE: ONE)... More