Bright Scholar: Fiscal 3Q Earnings Snapshot
FOSHAN, China (AP) _ Bright Scholar Education Holdings Ltd. (BEDU) on Thursday reported fiscal third-quarter net income of $19.8 million.
The Foshan, China-based company said it had profit of 16 cents per share. Earnings, adjusted for stock option expense and amortization costs, came to 19 cents per share.
The provider of international education to Chinese students posted revenue of $100.4 million in the period.
Bright Scholar expects full-year revenue in the range of $350.4 million to $360.6 million.
Bright Scholar shares have risen 4% since the beginning of the year. In the final minutes of trading on Thursday, shares hit $9.60, a drop of 42% in the last 12 months.