Bright scholar announces unaudited financial results for the first fiscal quarter of fiscal 2024

Foshan, china , feb. 5, 2024 /prnewswire/ -- bright scholar education holdings limited ("bright scholar," the "company," "we" or "our") (nyse: bedu), a global premier education service company, today announced its unaudited financial results for the first fiscal quarter ended november 30, 2023. financial performance highlights first fiscal quarter ended november 30, 2023 (in comparison to the same quarter of the last fiscal year): rmb in million except eps and % first fiscal quarter ended november 30, 2023 first fiscal quarter ended november 30, 2022 yoy % change revenue 572.7 532.5 7.6 % gross profit 203.4 179.8 13.1 % gross margin 35.5 % 33.8 % 1.7 % operating income 74.5 64.9 14.8 % operating margin 13.0 % 12.2 % 0.8 % net income for the quarter 59.2 42.0 40.9 % adjusted gross profit (1) 206.8 183.6 12.6 % adjusted operating income (2) 77.8 68.7 13.3 % adjusted net income (3) for the quarter 61.9 45.0 37.3 % adjusted ebitda (4) for the quarter 90.8 90.1 0.8 % basic and diluted earnings per share 0.46 0.32 43.8 % adjusted basic and diluted earnings per share (5) for the quarter 0.48 0.35 37.1 % basic and diluted earnings per ads 1.84 1.28 43.8 % adjusted basic and diluted earnings per ads (6) for the quarter 1.92 1.40 37.1 % ______________________________________________________________________________________________ 1.
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