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Bright Scholar Education Holdings Ltd - BEDU STOCK NEWS

Welcome to our dedicated news page for Bright Scholar Education Holdings (Ticker: BEDU), a resource for investors and traders seeking the latest updates and insights on Bright Scholar Education Holdings.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Bright Scholar Education Holdings's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

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Rhea-AI Summary
Bright Scholar Education Holdings (BEDU) is set to unveil its unaudited financial results for the second quarter of fiscal 2024 on April 19, 2024. The earnings conference call will be held at 9:00 a.m. U.S. Eastern Time. Investors can access the call through various dial-in numbers and a webcast on the Company's investor relations website. A replay will be available until April 26, 2024.
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Bright Scholar Education Holdings Limited (BEDU) announced its unaudited financial results for the first fiscal quarter ended November 30, 2023. The company reported a 7.6% increase in revenue, with gross profit, operating income, and net income also showing significant improvements. Overseas Schools and Complementary Education Services segments contributed to revenue growth, while the Domestic Kindergartens & K-12 Operation Services segment experienced a decrease. The company also made senior management appointments and approved a 2024 Share Incentive Plan.
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22.52%
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Bright Scholar Education Holdings Limited (BEDU) announced the release of its unaudited financial results for the first fiscal quarter of fiscal 2024 ended November 30, 2023, and the schedule for a conference call to discuss the quarterly results and recent business activities. The earnings press release will be available on the investor relations page, and the conference call will be held on February 6, 2024.
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Bright Scholar Education Holdings Limited (BEDU) announced changes in its management, including the resignation of the CEO and the appointment of a new CEO and CFO. Mr. Hongru Zhou resigned for personal reasons, and Mr. Ruolei Niu was appointed as the new CEO, with Ms. Hui Zhang as the new CFO.
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Bright Scholar Education Holdings Limited (BEDU) has filed its annual report on Form 20-F for the fiscal year ended August 31, 2023 with the SEC, containing audited financial statements accessible on the SEC's website and the company's investor relations website.
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Bright Scholar Education Holdings Limited (BEDU) held its 2024 annual general meeting of shareholders on December 19, 2023, where ordinary resolutions were passed to appoint Deloitte Touche Tohmatsu Certified Public Accountants LLP as the independent registered public accounting firm, Mr. Hongru Zhou as a director and chairman of the board of directors, and Mr. Meng Rui as an independent director and chairman of the audit committee.
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Bright Scholar Education Holdings Limited (BEDU) announced unaudited financial results for Q4 and fiscal year ended August 31, 2023. Revenue for Q4 increased by 38.9% to RMB 559.8 million, and for the fiscal year by 23.9% to RMB 2,123.8 million. Overseas Schools and Complementary Education Services segments showed significant growth, but Domestic Kindergartens & K-12 Operation Services faced challenges. The company reported a net loss for both Q4 and the fiscal year, with improvements in losses compared to the previous year.
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8.25%
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Bright Scholar Education Holdings Limited has announced that its 2024 annual general meeting of shareholders will be held on December 19, 2023, in Foshan, China. The meeting will include the ratification of the appointment of Deloitte Touche Tohmatsu Certified Public Accountants LLP as the independent registered public accounting firm, the appointment of Mr. Hongru Zhou as a director and chairman of the board, and the appointment of Mr. Meng Rui as an independent director and chairman of the audit committee. The record date for determining shareholders entitled to receive notice of the meeting is November 10, 2023.
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Bright Scholar Education Holdings announced its unaudited financial results for Q3 fiscal 2023. Revenue increased by 34.0% YoY to RMB 586.4 million, gross profit increased by 42.6% to RMB 193.0 million, and operating income increased by 283.7% to RMB 73.9 million. Net loss for the quarter was RMB 37.7 million. The company's overseas schools, complementary education services, and domestic kindergartens & K-12 operation services all experienced revenue growth.
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Bright Scholar Education Holdings Limited (NYSE: BEDU) announced its unaudited financial results for the six months of fiscal 2023 ended February 28, 2023. Key highlights include an 11.9% YoY increase in revenue, a 14.0% increase in gross profit, and a 211.8% increase in operating income. The adjusted net loss has substantially narrowed to RMB2.7 million from RMB46.4 million, representing a YoY improvement of 94.1%.
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Bright Scholar Education Holdings Ltd

NYSE:BEDU

BEDU Rankings

BEDU Stock Data

57.67M
25.81M
17.41%
25.04%
0.01%
Elementary and Secondary Schools
Educational Services
Link
China (Mainland)
Foshan

About BEDU

bright scholar education holdings limited, an education service provider, operates and provides k-12 schools and complementary education services in china and internationally. its schools comprise international and bilingual schools, and kindergartens. the company also offers a range of complementary education services, including international camps and after-school programs, as well as international education consulting services. as of august 31, 2020, it operated 94 schools across 12 provinces in china, as well as 8 schools internationally with a total student capacity of 75,311 students. bright scholar education holdings limited was founded in 1994 and is based in foshan, china.