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Bright Scholar(BEDU) - 2025 Q2 - Earnings Call Transcript
2025-04-28 15:33
Financial Data and Key Metrics Changes - The company reported revenue from continuing operations of $43.8 million, a decrease from $48.5 million in the same quarter last fiscal year [19] - Net income from continuing operations increased significantly by over 2,000% year over year, reaching RMB3.2 million compared to RMB0.3 million in the same quarter last fiscal year [18][21] - Adjusted net income grew by 179.5% to RMB2.5 million compared to RMB1.3 million for the same quarter last fiscal year [21] Business Line Data and Key Metrics Changes - The schools business accounted for approximately 61% of total revenue, maintaining stable enrollment at 2,699 students year over year [7][9] - Revenue from the overseas study consulting business increased by 6.2% to RMB11.9 million [17][21] - Schools and other revenues were reported at $26.6 million and $5.3 million respectively [21] Market Data and Key Metrics Changes - The company achieved a 14.2% year-over-year improvement in revenue per enrollment at U.S. schools [8] - In the UK, students received offers from eight of the top 10 UK universities, including prestigious institutions like Cambridge and UCL [13][14] Company Strategy and Development Direction - The company is focused on executing a dual engine growth strategy, expanding its school business while enhancing global recruitment efforts [7][15] - There is a commitment to operational efficiency and maintaining high academic standards to drive sustainable long-term value [8][9] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the ability to deliver stronger long-term value to students, families, and shareholders, despite macroeconomic headwinds [15] - The company remains optimistic about capitalizing on the growing demand for premier international education [15] Other Important Information - SG&A expenses decreased by 30.7% year over year, improving the SG&A to revenue ratio by 1.2 percentage points [18][21] - The company reported a gross margin from continuing operations of 30%, slightly down from 30.8% in the same quarter last fiscal year [20] Q&A Session Summary - There were no questions during the Q&A session, indicating a lack of immediate inquiries from analysts or investors [23]
Bright Scholar(BEDU) - 2025 Q2 - Earnings Call Presentation
2025-04-28 15:32
N Y S E : B E D U Financial and Operational Results FY2025 Second Fiscal Quarter April 2025 Bright Scholar Education Holdings Limited Bright Scholar Education Holdings Limited Page Pag e 1 Safe Harbor Statement This presentation contains forward-looking statements, including statements about the business outlook, strategy and market opportunity of Bright Scholar Education Holdings Limited (the "Company," "we" or "our"), and statements that may suggest trendsfor our business. Such forward-looking statements ...
Bright Scholar Education Holdings Limited (BEDU) Q2 2025 Earnings Conference Call Transcript
Seeking Alpha· 2025-04-28 13:33
Bright Scholar Education Holdings Limited (NYSE:BEDU) Q2 2025 Earnings Conference Call April 28, 2025 7:00 AM ET Company Participants Andrea Guo - IR Counsel Robert Niu - CEO Cindy Zhang - CFO Conference Call Participants Operator Hello, ladies and gentlemen, thank you for standing by for Bright Scholar's Second Quarter of Fiscal Year 2025 Earnings Conference Call. At this time, all participants are in a listen-only mode. After management’s remarks, there will be a question-and-answer session. Today's confe ...
Bright Scholar Announces Unaudited Financial Results for the Second Quarter of Fiscal Year 2025
Prnewswire· 2025-04-28 09:00
Net income from continuing operations increased 223.6% YoY to GBP3.2 million Management to hold a conference call today at 7:00 a.m. Eastern Time [2]. Adjusted net income is a non-GAAP financial measure, which is defined as net income excluding share-based compensation expenses, amortization of intangible assets, tax effect of amortization of intangible assets, and income/(loss) from discontinued operations, net of tax. [3]. Effective from the first quarter of fiscal year 2025, the Company has updated its s ...
Bright Scholar Schedules Unaudited Financial Results for the Second Quarter of Fiscal 2025 Ended February 28, 2025
Prnewswire· 2025-04-24 09:00
Core Viewpoint - Bright Scholar Education Holdings Limited will release its unaudited financial results for the second quarter of fiscal 2025 on April 28, 2025, before the US market opens [1]. Financial Results Announcement - The financial results will cover the period ended February 28, 2025 [1]. - An earnings conference call is scheduled for April 28, 2025, at 7:00 a.m. U.S. Eastern Time [2]. - Dial-in details for the conference call are provided for various regions, including Mainland China, Hong Kong, the United States, and international participants [2]. Conference Call Details - Participants are advised to join the call at least 5 minutes prior to the start time [2]. - A live and archived webcast of the conference call will be available on the company's investor relations website [2]. Replay Information - A replay of the conference call will be accessible until May 5, 2025, with specific telephone numbers and a replay passcode provided [3]. Company Overview - Bright Scholar is described as a global premier education service group, focusing on providing quality international education to students worldwide [3]. - The company aims to equip students with the necessary academic foundation and skillsets for higher education success [3].
Bright Scholar(BEDU) - 2025 Q1 - Earnings Call Presentation
2025-01-27 14:38
N Y S E : B E D U Financial and Operational Results FY2025 First Fiscal Quarter January 2025 Bright Scholar Education Holdings Limited Bright Scholar Education Holdings Limited Page Pag e 1 A Global Premier Education Service Company For The Future Bright Scholar, Bright Future. Bright Scholar Education Holdings Limited Page 2 Safe Harbor Statement This presentation contains forward-looking statements, including statements about the business outlook, strategy and market opportunity of Bright Scholar Educatio ...
Bright Scholar(BEDU) - 2025 Q1 - Earnings Call Transcript
2025-01-24 18:43
Financial Data and Key Metrics - The company's financial and operational results for Q1 FY2025 were released and are available on the IR section of the website [3] - All financial numbers discussed are in GBP [5] Business Line Data and Key Metrics - No specific data provided in the content Market Data and Key Metrics - No specific data provided in the content Company Strategy and Industry Competition - No specific data provided in the content Management Commentary on Operating Environment and Future Outlook - The discussion includes forward-looking statements under the safe harbor provisions of the U S Private Securities Litigation Reform Act of 1995, indicating potential risks and uncertainties that may cause actual results to differ from current views [4] Other Important Information - The earnings press release and conference call include discussions of unaudited GAAP and non-GAAP financial measures, with a reconciliation of non-GAAP measures provided in the press release [5] Q&A Session Summary - No Q&A session details provided in the content
Bright Scholar Announces Unaudited Financial Results for the First Quarter of Fiscal Year 2025
Prnewswire· 2025-01-24 10:00
Core Viewpoint - Bright Scholar Education Holdings Limited reported its unaudited financial results for the first quarter of fiscal year 2025, showing a decrease in total revenue and significant reductions in SG&A expenses, while highlighting growth in the Overseas Study Counselling segment [1][7][8]. Financial Performance - Total revenue from continuing operations was GBP 44.7 million, down 16.1% from GBP 53.3 million in the same quarter last fiscal year [8][9]. - Revenue from the Schools segment was GBP 25.7 million, a decrease of 9.0% year-over-year [3][9]. - Overseas Study Counselling revenue increased by 5.8% year-over-year to GBP 9.6 million [8][9]. - Revenue from Other segments fell by 40.9% to GBP 9.4 million [3][10]. Cost Management - SG&A expenses decreased by 33.0% year-over-year to GBP 8.4 million, down from GBP 12.6 million [13]. - The cost of revenue from continuing operations was GBP 31.7 million, compared to GBP 35.4 million for the same quarter last fiscal year [11]. Profitability Metrics - Gross profit was GBP 13.0 million, with a gross margin of 29.2%, down from 33.5% in the same quarter last fiscal year [12]. - Operating income was GBP 4.8 million, with an operating margin of 10.7%, compared to GBP 6.3 million and 11.8% respectively in the prior year [14]. - Net income from continuing operations was GBP 4.0 million, down from GBP 5.0 million year-over-year [8][15]. Strategic Initiatives - The company initiated a share repurchase plan, authorizing up to US$1.2 million for the next 12 months, reflecting a commitment to enhancing shareholder value [25][26]. - Management emphasized a focus on operational efficiency and a "dual-engine" growth strategy to capture market opportunities [7]. Segment Reporting Changes - Effective from the first quarter of fiscal year 2025, the company updated its segment reporting to better align with strategic priorities, now categorizing operations into Schools, Overseas Study Counselling, and Others [4][24].
Bright Scholar Schedules Unaudited Financial Results for the First Quarter of Fiscal 2025 Ended November 30, 2024
Prnewswire· 2025-01-22 22:00
CAMBRIDGE, England and FOSHAN, China, Jan. 22, 2025 /PRNewswire/ -- Bright Scholar Education Holdings Limited ("Bright Scholar," the "Company," "we" or "our") (NYSE: BEDU), a global premier education service company, today announced that it will release its unaudited financial results for the first quarter of fiscal 2025 ended November 30, 2024, on January 24, 2025, before the US market opens. The Company's management will host an earnings conference call at 7:00 a.m. U.S. Eastern Time (8:00 p.m. Beijing/Ho ...
Bright Scholar Files Annual Report on Form 20-F for Fiscal Year 2024
Prnewswire· 2024-12-16 09:00
Core Viewpoint - Bright Scholar Education Holdings Limited has filed its annual report on Form 20-F for the fiscal year ended August 31, 2024, with the SEC on December 13, 2024 [1]. Group 1 - The annual report is accessible on the Company's investor relations website and the SEC's website [2]. - The Company offers a hard copy of its annual report containing audited consolidated financial statements free of charge to shareholders and American Depositary Share holders upon request [2]. - Bright Scholar is recognized as a premier global education service group, primarily providing quality international education to global students [3].