Four Seasons Education (FEDU) Reports Q1 EPS of $0.00 on Revenues of $8.2M

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Go back to Four Seasons Education (FEDU) Reports Q1 EPS of $0.00 on Revenues of $8.2M

Four Seasons Education Reports First Quarter Fiscal 2021 Unaudited Financial Results

August 20, 2020 6:30 AM EDT

SHANGHAI, Aug. 20, 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 first quarter fiscal year 2021, ended May 31, 2020.

First Quarter Fiscal Year 2021 Financial and Operational Highlights

Revenue decreased by 31.5% to RMB58.7 million (US$8.2 million) from RMB85.6 million in the same period of last year. Gross profit decreased by 43.1% to RMB22.4... More