Bright Scholar Announces Unaudited Financial Results for FY2020 First Fiscal Quarter

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Bright Scholar Education Holdings Limited (BEDU) Misses Q1 EPS by 2c, Revenues Beat

January 16, 2020 5:04 PM EST

Bright Scholar Education Holdings Limited (NYSE: BEDU) reported Q1 EPS of $0.25, $0.02 worse than the analyst estimate of $0.27. Revenue for the quarter came in at $156.16 million versus the consensus estimate of $154.01 million.

"We are very pleased with the tremendous progress we continue to make as we transform and scale Bright Scholar to better serve the evolving needs of our students in a fast-changing education industry," said Jerry He, Executive Vice Chairman of Bright Scholar. "The strategic investments we made across our business segments in the past years have given us a strong start... More