Bright Scholar: Fiscal Q1 Earnings Snapshot

Associated Press Finance

01-24

FOSHAN, China (AP) — FOSHAN, China (AP) — Bright Scholar Education Holdings Ltd. (BEDU) on Friday reported fiscal first-quarter profit of $4.7 million.

The Foshan, China-based company said it had profit of 16 cents per share. Earnings, adjusted for one-time gains and costs, were 18 cents per share.

The provider of international education to Chinese students posted revenue of $56.8 million in the period.

The company's shares closed at $1.95. A year ago, they were trading at $1.50.

_____

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

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