Bright Scholar: Fiscal Q1 Earnings Snapshot
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FOSHAN, China (AP) — FOSHAN, China (AP) — Bright Scholar Education Holdings Ltd. (BEDU) on Monday reported earnings of $7.7 million in its fiscal first quarter.
The Foshan, China-based company said it had net income of 24 cents per share. Earnings, adjusted for one-time gains and costs, came to 28 cents per share.
The provider of international education to Chinese students posted revenue of $80.3 million in the period.
In the final minutes of trading on Monday, the company's shares hit $1.51. A year ago, they were trading at $3.40.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BEDU at https://www.zacks.com/ap/BEDU
