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Earnings Call Summary | Bright Scholar Education(BEDU.US) Q2 2024 Earnings Conference
Earnings Call Summary | Bright Scholar Education(BEDU.US) Q2 2024 Earnings Conference
The following is a summary of the Bright Scholar Education Holdings Limited (BEDU) Q2 2024 Earnings Call Transcript:
Financial Performance:
Bright Scholar reported a 17.2% increase in total revenues in Q2.
The gross profit surged 40.2% and adjusted EBITDA was RMB33.7 million, versus a loss in the same period last year.
The Overseas Schools business and Complementary Education Services registered a revenue increase of 20.5% and 19.5% respectively.
Business Progress:
The company is focused on restoring growth and profitability, including strengthening its balance sheet.
Bright Scholar's Overseas School segment saw a 20.5% revenue increase in Q2, along with a 20% increase in student registrations for the upcoming academic year.
There are ongoing investments in enhancing the quality of educational offerings and tailoring products to meet diverse student needs.
A business portfolio restructuring is in progress to focus on core areas, and the company is determined to optimize these changes to scale and increase high-return business.
Tips: This article is generated by AI. The accuracy of the content can not be fully guaranteed. For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
The following is a summary of the Bright Scholar Education Holdings Limited (BEDU) Q2 2024 Earnings Call Transcript:
以下是 Bright Scholar 教育控股有限公司(BEDU)2024年第二季度财报电话会议记录摘要:
Financial Performance:
财务业绩:
Bright Scholar reported a 17.2% increase in total revenues in Q2.
The gross profit surged 40.2% and adjusted EBITDA was RMB33.7 million, versus a loss in the same period last year.
The Overseas Schools business and Complementary Education Services registered a revenue increase of 20.5% and 19.5% respectively.
Bright Scholar报告称,第二季度总收入增长了17.2%。
毛利激增40.2%,调整后的息税折旧摊销前利润为人民币3370万元,而去年同期为亏损。
海外学校业务和辅助教育服务的收入分别增长了20.5%和19.5%。
Business Progress:
业务进展:
The company is focused on restoring growth and profitability, including strengthening its balance sheet.
Bright Scholar's Overseas School segment saw a 20.5% revenue increase in Q2, along with a 20% increase in student registrations for the upcoming academic year.
There are ongoing investments in enhancing the quality of educational offerings and tailoring products to meet diverse student needs.
A business portfolio restructuring is in progress to focus on core areas, and the company is determined to optimize these changes to scale and increase high-return business.
该公司专注于恢复增长和盈利能力,包括加强资产负债表。
Bright Scholar的海外学校板块在第二季度收入增长了20.5%,下学年的学生注册人数增长了20%。
在提高教育产品的质量和量身定制产品以满足学生的多样化需求方面,一直在进行投资。
业务组合重组正在进行中,将重点放在核心领域,公司决心优化这些变化,以扩大规模并增加高回报业务。
Tips: This article is generated by AI. The accuracy of the content can not be fully guaranteed. For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示:本文由 AI 生成。无法完全保证内容的准确性。欲了解更多详情,请访问投资者关系网站。本文仅供投资者参考,不构成任何投资建议。
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在美国,moomoo上的投资产品和服务由Moomoo Financial Inc.提供,一家受美国证券交易委员会(SEC)监管的持牌主体。 Moomoo Financial Inc.是金融业监管局(FINRA)和证券投资者保护公司(SIPC)的成员。
在新加坡,moomoo上的投资产品和服务是通过Moomoo Financial Singapore Pte. Ltd.提供,该公司受新加坡金融管理局(MAS)监管(牌照号码︰CMS101000) ,持有资本市场服务牌照 (CMS) ,持有财务顾问豁免(Exempt Financial Adviser)资质。本内容未经新加坡金融管理局的审查。
在澳大利亚,moomoo上的金融产品和服务是通过Futu Securities (Australia) Ltd提供,该公司是受澳大利亚证券和投资委员会(ASIC)监管的澳大利亚金融服务许可机构(AFSL No. 224663)。请阅读并理解我们的《金融服务指南》、《条款与条件》、《隐私政策》和其他披露文件,这些文件可在我们的网站 https://www.moomoo.com/au中获取。
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