Bright Scholar Education Hlds

Bright Scholar Education Holdings Ltd. operates as a global premier education service company. The firm provides quality international education to global students and equips them with the critical academic foundation and skillsets necessary to succeed in the pursuit of higher education. It also complements its international offerings with Chinese government-mandated curriculum for students who wish to maintain the option of pursuing higher education in China. It operates through the following segments: Overseas Schools, Complementary Education Services, and Domestic Kindergartens and K-12 Operation Services. The company was founded by Mei Rong Yang on February 18, 1994 and is headquartered in Foshan, China.

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Bright Scholar Education Holdings Ltd. is a global premier education service company, which engages in the provision of quality international education service to global students. It operates through the following segments: Overseas Schools, Complementary Education Services, and Domestic Kindergartens and K-12 Operation Services. The company was founded by Mei Rong Yang on February 18, 1994, and is headquartered in Foshan, China.

FOSHAN, China , Feb. 10, 2023 /PRNewswire/ -- Bright Scholar Education Holdings Limited ("Bright Scholar" or the "Company") (NYSE: BEDU), a global premier education service company, today announced that it held an extraordinary general meeting of shareholders on February 10, 2023. At the meeting, the shareholders resolved by ordinary resolutions to (1) remove Mr.

Bright Scholar Announces Results of Extraordinary General Meeting

FOSHAN, China , Jan. 4, 2023 /PRNewswire/ -- Bright Scholar Education Holdings Limited ("Bright Scholar" or the "Company") (NYSE: BEDU), a global premier education service company, today announced that upon the receipt of a notice from the Chairman of the Board of Directors, it would hold an extraordinary general meeting of shareholders at No.1, Country Garden Road, Beijiao Town, Shunde District, Foshan, Guangdong 528300, The People's Republic of China on February 10, 2023 at 10:00 a.m. (Beijing Time GMT+8).

Bright Scholar to Hold Extraordinary General Meeting on February 10, 2023

FOSHAN, China , Dec. 30, 2022 /PRNewswire/ — Bright Scholar Education Holdings Limited ("Bright Scholar" or the "Company") (NYSE: BEDU), a global premier education service company, today announced that it has received a letter dated December 29, 2022 from Ms. Huiyan Yang and Ms.

Bright Scholar Announces Receipt of Withdrawal of Going Private Proposal

FOSHAN, China , Nov. 29, 2022 /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 fourth fiscal quarter and fiscal year ended August 31, 2022.   FINANCIAL PERFORMANCE HIGHLIGHTS Fourth Fiscal Quarter Ended August 31, 2022 Financial Highlights   (in comparison to the same period of the last fiscal year): RMB in million Except EPS and % Fourth Fiscal Quarter Ended August 31, 2022 Fourth Fiscal Quarter Ended August 31, 2021 YoY % Change Revenue from continuing operations 403.9 320.0 26.2 % Gross Profit from continuing operations 83.8 48.3 73.4 % Gross Margin from continuing operations 20.7 % 15.1 % 5.6 % Operating Loss from continuing operations (59.4) (204.0) 70.9 % Operating Margin from continuing operations (14.7 %) (63.7 %) 49.0 % Loss from discontinued operations, net of tax - (198.9) - Net Loss for the quarter (99.4) (478.2) 79.2 % Adjusted Gross Profit from continuing operations (1) 87.7 53.0 65.5 % Adjusted Operating Loss from continuing operations (2) (48.8) (99.2) 50.7 % Adjusted Net Loss (3) for the quarter (89.7) (175.5) 48.9 % Adjusted EBITDA (4) for the quarter (47.6) (29.8) 59.9 % Basic and Diluted Loss per Share from continuing operations (0.90) (2.40) 62.5 % Basic and Diluted Loss per Share from discontinued operations - (0.66) - Adjusted Basic and Diluted Loss per Share (5) for the quarter (0.82) (1.53) 46.4 % Basic and Diluted Loss per ADS from continuing operations (3.60) (9.60) 62.5 % Basic and Diluted Loss per ADS from discontinued operations - (2.64) - Adjusted Basic and Diluted Loss per ADS (6) for the quarter (3.28) (6.12) 46.4 %   Fiscal Year 2022 Ended August 31, 2022 Financial Highlights  (in comparison to the last fiscal year): RMB in million Except EPS and % Fiscal Year 2022 Ended August 31, 2022 Fiscal Year 2021 Ended August 31, 2021 YoY % Change Revenue from continuing operations 1,714.9 1,401.8 22.3 % Gross Profit from continuing operations 478.1 221.5 115.8 % Gross Margin from continuing operations 27.9 % 15.8 % 12.1 % Operating Loss from continuing operations (63.0) (389.7) 83.8 % Operating Margin from continuing operations (3.7 %) (27.8 %) 24.1 % Income from discontinued operations, net of tax - 369.3 - Net Loss for the year (159.4) (165.8) 3.8 % Adjusted Gross Profit from continuing operations (1) 495.9 237.7 108.7 % Adjusted Operating Loss from continuing operations (2) (39.4) (271.4) 85.5 % Adjusted Net Loss (3) for the year (139.6) (420.2) 66.8 % Adjusted EBITDA (4) for the year 149.0 (30.3) 592.5 % Basic and Diluted Loss per Share from continuing operations (1.39) (4.54) 69.4 % Basic and Diluted Earnings per Share from discontinued operations - 4.09 - Adjusted Basic and Diluted Loss per Share (5) for the year (1.23) (3.57) 65.5 % Basic and Diluted Loss per ADS from continuing operations (5.56) (18.16) 69.4 % Basic and Diluted Earnings per ADS from discontinued operations - 16.36 - Adjusted Basic and Diluted Loss per ADS (6) for the year (4.92) (14.28) 65.5 %   1.

Bright Scholar Announces Unaudited Financial Results for the Fourth Fiscal Quarter and Fiscal Year 2022

FOSHAN, China , Nov. 29, 2022 /PRNewswire/ -- Bright Scholar Education Holdings Limited ("Bright Scholar" or the "Company") (NYSE: BEDU), a global premier education service company, today announced changes in its board of directors (the "Board"). Ms. Huiyan Yang ("Ms.

Bright Scholar Announces Change in Board of Directors

FOSHAN, China , Nov. 15, 2022 /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 fourth fiscal quarter and fiscal year ended August 31, 2022, on November 29, 2022, after the US market closes. The earnings press release will be available on the investor relations page at http://ir.brightscholar.com.

Bright Scholar Schedules Unaudited Financial Results for the Fourth Fiscal Quarter And Fiscal Year 2022 Ended August 31, 2022

FOSHAN, China , Sept. 2, 2022 /PRNewswire/ -- Bright Scholar Education Holdings Limited ("Bright Scholar" or the "Company") (NYSE: BEDU), a global premier education service company, today announced that based upon a notice the Company received on September 1, 2022 from the New York Stock Exchange (the "NYSE"), the Company has regained compliance with the NYSE's continued listing standard for share prices.

Bright Scholar Regains Compliance with NYSE Minimum Price Requirement

FOSHAN, China , Aug. 22, 2022 /PRNewswire/ -- Bright Scholar Education Holdings Limited ("Bright Scholar" or the "Company") (NYSE: BEDU), a global premier education service company, today announced that it held its 2022 annual general meeting of shareholders on August 22, 2022. At the meeting, the shareholders resolved by ordinary resolution to ratify the appointment of Deloitte Touche Tohmatsu Certified Public Accountants LLP as the independent registered public accounting firm of the Company for the fiscal year ending August 31, 2022.

Bright Scholar Announces Results of 2022 Annual General Meeting

FOSHAN, China , Aug. 8, 2022 /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 change the ratio of its American Depositary Shares ("ADSs") to Class A ordinary shares from one (1) ADS representing one (1) Class A ordinary share to one (1) ADS representing four (4) Class A ordinary shares. For Bright Scholar's ADS holders, this ratio change will have the same effect as a 1-for-4 reverse ADS split.

Bright Scholar Announces ADS Ratio Change

FOSHAN, China , Aug. 4, 2022 /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 third fiscal quarter of fiscal 2022 ended May 31, 2022. FINANCIAL PERFORMANCE HIGHLIGHTS Third Fiscal Quarter Ended May 31, 2022 Financial Highlights (in comparison to the same period of the last fiscal year): RMB in million Except EPS and % Third Fiscal Quarter Ended May 31, 2022 Third Fiscal Quarter Ended May 31, 2021 YoY % Change Revenue from continuing operations 437.5 362.4 20.7 % Gross Profit from continuing operations 135.4 52.4 158.2 % Gross Margin from continuing operations 30.9 % 14.5 % 16.4 % Operating Income/(Loss) from continuing operations 19.3 (70.1) 127.5 % Operating Margin from continuing operations 4.4 % (19.3 %) 23.7 % Income from discontinued operations, net of tax - 258.1 - Net (Loss)/Income for the quarter (7.1) 163.9 (104.3 %) Adjusted Gross Profit from continuing operations (1) 139.9 56.6 147.1 % Adjusted Operating Income/(Loss) from continuing operations (2) 23.8 (65.3) 136.4 % Adjusted Net Loss (3) for the quarter (3.5) (90.2) 96.1 % Adjusted EBITDA (4) for the quarter 69.0 3.2 2,052.6 % Basic and Diluted Loss per Share from continuing operations (0.08) (0.73) 89.0 % Basic and Diluted Earnings per Share from discontinued operations - 2.16 - Adjusted Basic and Diluted Loss per Share (5) for the quarter (0.05) (0.69) 92.8 % Nine Months Ended May 31, 2022 Financial Highlights  (in comparison to the same period of the last fiscal year): RMB in million Except EPS and % Nine Months Ended May 31, 2022 Nine Months Ended May 31, 2021 YoY % Change Revenue from continuing operations 1,311.1 1,081.8 21.2 % Gross Profit from continuing operations 394.3 173.2 127.7 % Gross Margin from continuing operations 30.1 % 16.0 % 14.1 % Operating Loss from continuing operations (3.7) (185.7) 98.0 % Operating Margin from continuing operations (0.3 %) (17.2 %) 16.9 % Income from discontinued operations, net of tax - 568.3 - Net (Loss)/Income for the period (60.0) 312.4 (119.2 %) Adjusted Gross Profit from continuing operations (1) 408.2 184.7 121.1 % Adjusted Operating Income/(Loss) from continuing operations (2) 9.4 (172.2) 105.5 % Adjusted Net Loss (3) for the period (49.9) (244.7) 79.6 % Adjusted EBITDA (4) for the period 196.7 (0.5) 42,300.6 % Basic and Diluted Loss per Share from continuing operations (0.49) (2.13) 77.0 % Basic and Diluted Earnings per Share from discontinued operations - 4.74 - Adjusted Basic and Diluted Loss per Share (5) for the period (0.41) (2.04) 79.9 %   1.

Bright Scholar Announces Unaudited Financial Results for the Third Fiscal Quarter of Fiscal 2022

FOSHAN, China , Aug. 3, 2022 /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 has redeemed all of its outstanding senior notes matured (the "Redemption") on July 31, 2022 (the "Maturity Date"). The redemption price included the principal amount of all outstanding Senior Notes of US$223,984,000 and the interest of US$8,343,404 accrued till the day before the Maturity Date.

Bright Scholar Completes Redemption of its Remaining Outstanding 7.45% Senior Notes Due 2022

FOSHAN, China , July 25, 2022 /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 third fiscal quarter of fiscal 2022 ended May 31, 2022, on August 4, 2022, after the US market closes. The earnings press release will be available on the investor relations page at http://ir.brightscholar.com.

Bright Scholar Schedules Unaudited Financial Results for the Third Fiscal Quarter of Fiscal 2022 Ended May 31, 2022

FOSHAN, China , July 21, 2022 /PRNewswire/ -- Bright Scholar Education Holdings Limited ("Bright Scholar" or the "Company") (NYSE: BEDU), a global premier education service company, today announced that the special committee (the "Special Committee") of the Company's board of directors (the "Board"), formed to evaluate and consider the previously announced preliminary non-binding acquisition proposal letter dated April 29, 2022 (the "Proposal") or any alternative strategic option that the Company may pursue, has retained Citigroup Global Markets Asia Limited as independent financial advisor to the Special Committee and Skadden, Arps, Slate, Meagher & Flom LLP as legal counsel to the Special Committee to assist it in this process. The Special Committee is continuing its review and evaluation of the Proposal and any alternative strategic options that the Company may pursue.

Bright Scholar Announces Appointment of Independent Financial Advisor and Legal Counsel to the Special Committee

FOSHAN, China , July 18, 2022 /PRNewswire/ -- Bright Scholar Education Holdings Limited ("Bright Scholar" or the "Company") (NYSE: BEDU), a global premier education service company, today announced that it would hold its 2022 annual general meeting of shareholders at No.1, Country Garden Road, Beijiao Town, Shunde District, Foshan, Guangdong 528300, The People's Republic of China on August 22, 2022 at 10:00 a.m. (local time).

Bright Scholar to Hold 2022 Annual General Meeting on August 22, 2022

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FOSHAN, China , June 9, 2022 /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 six months of fiscal 2022 ended February 28, 2022. FISCAL SIX MONTHS 2022 FINANCIAL PERFORMANCE HIGHLIGHTS Six Months Ended February 28, 2022 (in comparison to the same period of the last fiscal year): RMB in million Except EPS and % Six Months Ended February 28, 2022 Six Months Ended February 28, 2021 YoY % Change Revenue from continuing operations 873.5 719.3 21.4% Gross Profit from continuing operations 258.9 120.8 114.4% Gross Margin from continuing operations 29.6% 16.8% 12.8% Operating Loss from continuing operations (22.9) (115.6) 80.2% Income from discontinued operations, net of tax - 310.1 (100.0%) Net (Loss)/Income (52.9) 148.5 (135.6%) Adjusted Gross Profit from continuing operations (1) 268.3 128.0 109.5% Adjusted Operating Loss from continuing operations (2) (14.4) (106.9) 86.5% Adjusted Net Loss (3) (46.4) (154.5) 70.0% Adjusted EBITDA (4) 127.7 (3.7) 3,577.6% Basic and Diluted Loss per Share from continuing operations (0.42) (1.41) 70.2% Basic and Diluted (Loss)/earnings per Share from discontinued operations - 2.60 - Adjusted Basic and Diluted Loss per Share (5) for the period (0.36) (1.35) 73.3% ______________________________________________________________________________________________ 1.

Bright Scholar Announces Unaudited Financial Results for the Six Months of Fiscal 2022

FOSHAN, China , May 26, 2022 /PRNewswire/ -- FOSHAN, China, May 26, 2022 /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 six months of fiscal 2022 ended February 28, 2022, on June 9, 2022, after the US market closes. The earnings press release will be available on the investor relations page at http://ir.brightscholar.com.

Bright Scholar Schedules Unaudited Financial Results for the Six Months of Fiscal 2022 Ended February 28, 2022

FOSHAN, China , May 6, 2022 /PRNewswire/ -- Bright Scholar Education Holdings Limited ("Bright Scholar" or the "Company") (NYSE: BEDU), a global premier education service company, today announced that its board of directors (the "Board") has formed a special committee consisting of three independent directors, Mr. Peter Andrew Schloss, Mr.

Bright Scholar Announces Formation of Special Committee

FOSHAN, China , April 29, 2022 /PRNewswire/ -- Bright Scholar Education Holdings Limited ("Bright Scholar" or the "Company") (NYSE: BEDU), a global premier education service company, today announced that its board of directors (the "Board") has received a preliminary non-binding proposal letter (the "Proposal") dated April 29, 2022 from its Chairperson of the Board, Ms. Huiyan Yang, and Ms.

Bright Scholar Announces Receipt of Preliminary Non-Binding "Going Private" Proposal

FOSHAN, China , April 1, 2022 /PRNewswire/ -- Bright Scholar Education Holdings Limited ("Bright Scholar" or the "Company") (NYSE: BEDU), a global premier education service company, today announced that it has received a letter (the "Letter") from the New York Stock Exchange (the "NYSE") dated March 25, 2022, notifying the Company that it is below compliance standards due to the trading price of the Company's American depositary shares (the "ADSs") and that the applicable cure period for the Company to regain compliance expires on September 26, 2022. Pursuant to applicable NYSE continued listing standards, a company would be considered "below criteria" by the NYSE if the average closing price of a security as reported on the consolidated tape is less than $1.00 over a consecutive 30 trading-day period.

Bright Scholar Announces Receipt of NYSE Non-Compliance Letter Regarding ADS Trading Price

FOSHAN, China, Jan. 18, 2022 /PRNewswire/ -- Bright Scholar Education Holdings Limited ("Bright Scholar" or the "Company") (NYSE: BEDU), a global premier education service company, today announced that it had filed its annual report on Form 20-F (the "Annual Report") for the fiscal year ended August 31, 2021 with the U.S. Securities and Exchange Commission (the "SEC") on January 18, 2022. The annual report on Form 20-F, which contains the Company's audited financial statements, can be accessed on the SEC's website at http://www.sec.gov as well as via the Company's investor relations website at http://ir.brightscholar.com.

Bright Scholar Filed Annual Report on Form 20-F for Fiscal 2021

NEW YORK--(BUSINESS WIRE)--Will (Changjie) Gao, the Partner of DreambigCareer (DBC), is an honoree on Forbes China's 2021 Top 60 Outstanding Chinese in North America, an award released this September. “Over the years, millions of Chinese students received offers from the top U.S. schools with the help of Chinese study-abroad agencies. However, what I've been seeing is that lots of US-educated Chinese grads can't land a job in the U.S. Even if they decide to go back to China, it's not any easier

DreambigCareer's Partner Will Gao Named in Forbes China's “2021 Top 60 Chinese in North America” List

Bright Scholar Education Holdings Limited (BEDU) Management on Q4 2021 Results - Earnings Call Transcript

FOSHAN, China, Dec. 21, 2021 /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 fourth fiscal quarter and fiscal year ended August 31, 2021. IMPACT OF IMPLEMENTATION RULES FOR PRIVATE EDUCATION LAWS  Implementation Rules: On April 7, 2021, the State Council of the People's Republic of China promulgated the amended Implementation Regulations of the Law on the Promotion of Private Education of the People's Republic of China (the "Implementation Rules"), which became effective on September 1, 2021.

Bright Scholar Announces Unaudited Financial Results for the Fourth Fiscal Quarter and Fiscal Year 2021

FOSHAN, China, Dec. 13, 2021 /PRNewswire/ -- Bright Scholar Education Holdings Limited ("Bright Scholar" or the "Company") (NYSE: BEDU), a global premier education service company, today announced that it has adjourned the extraordinary general meeting of shareholders held on December 10, 2021 at 10:00 a.m., Beijing Time (GMT+8) until further notice.

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