Bright Scholar Announces Unaudited Financial Results for the Fourth Fiscal Quarter and Fiscal Year 2019

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Bright Scholar Education Holdings Limited (BEDU) Misses Q4 EPS by 6c

November 7, 2019 5:28 PM EST

Bright Scholar Education Holdings Limited (NYSE: BEDU) reported Q4 EPS of ($0.06), $0.06 worse than the analyst estimate of $0.00. Revenue for the quarter came in at $99.46 million versus the consensus estimate of $88.18 million.

"As a Company with a commitment to delivering academic excellence, we take great pride in our reputation as a trusted provider of premium education services," said Jerry He, Executive Vice Chairman of Bright Scholar. "Fiscal 2019 marks a transformational year in scaling up our business and reflects our ongoing dedication to making significant investments in expanding our global footprint and broadening our service... More