Four Seasons Education (FEDU) Reports Q3 EPS of $0.04, Revenues Beat

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Four Seasons Education Reports Third Quarter Fiscal 2020 Unaudited Financial Results

January 16, 2020 6:00 AM EST

SHANGHAI, Jan. 16, 2020 /PRNewswire/ -- Four Seasons Education (Cayman) Inc. ("Four Seasons Education" or the "Company") (NYSE: FEDU), a leading Shanghai-based educational company dedicated to providing comprehensive after-school education services with a focus on high-quality math education, today announced its unaudited financial results for the third quarter fiscal year 2020, ended November 30, 2019.

Third Quarter Fiscal Year 2020 Financial and Operational Highlights

Revenue increased by 13.5% to RMB103.5 million (US$14.7 million) from RMB91.2 million in the same period of last year. Gross profit increased by 10.2% to RMB53.0 million... More