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Bright Scholar Education Holdings Limited (BEDU) provides premium K-12 education services through international schools, bilingual programs, and complementary educational offerings across China and global markets. This news hub delivers verified corporate updates and financial developments for stakeholders tracking the company's progress.
Access official press releases covering earnings announcements, strategic partnerships, campus expansions, and academic initiatives. Our curated collection ensures investors and education professionals stay informed about operational milestones, leadership updates, and market positioning within the competitive international education sector.
Key content categories include quarterly financial results, international school openings, curriculum innovations, and regulatory updates. All materials are sourced directly from company communications to maintain accuracy and compliance with financial disclosure standards.
Bookmark this page for streamlined access to BEDU's latest developments. Regularly updated to serve as your primary resource for understanding the company's growth trajectory in global education markets.
Bright Scholar Education Holdings (NYSE: BEDU) announced its 2025 annual general meeting will be held on November 28, 2024, at 10:00 a.m. local time in Cambridge, England. The meeting's main agenda item is to ratify the appointment of Deloitte Touche Tohmatsu as the company's independent registered public accounting firm for the fiscal year ended August 31, 2024. Shareholders of record as of October 24, 2024, are eligible to attend the meeting in person.
Bright Scholar Education Holdings (NYSE: BEDU) reported its unaudited financial results for Q3 fiscal 2024. Key highlights include:
- Revenue of RMB554.0 million, up 6.2% quarter-over-quarter
- Gross profit increased 5.0% year-over-year to RMB202.7 million
- Gross margin improved to 36.6% from 32.9% in Q3 fiscal 2023
- Overseas Schools revenue grew 19.4% year-over-year to RMB264.9 million
- Net loss of RMB90.3 million, impacted by RMB133 million goodwill impairment
- Adjusted net income of RMB48.5 million, compared to a loss last year
- Cash and equivalents of RMB537.2 million as of May 31, 2024
The company saw strong performance in its Overseas Schools segment, offset by declines in Complementary Education Services and Domestic Kindergartens & K-12 Operation Services. Management highlighted improving utilization rates and enrollment growth in overseas schools.
Bright Scholar Education Holdings (NYSE: BEDU), a global premier education service company, has announced the release date for its unaudited financial results for the third quarter of fiscal 2024, which ended on May 31, 2024. The results will be made public on August 2, 2024, before the US market opens. Following the release, the Company's management will host an earnings conference call at 8:00 a.m. U.S. Eastern Time (8:00 p.m. Beijing/Hong Kong Time) on the same day.
The company has provided dial-in details for the conference call, including numbers for Mainland China, Hong Kong, United States, and international callers. A live and archived webcast of the call will also be available on Bright Scholar's investor relations website. Additionally, a replay of the conference call will be accessible until August 9, 2024, with specific replay passcode provided.
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