Bright Scholar Education Holdings (BEDU) has released an update.
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Bright Scholar Education Holdings reported a stable financial performance for fiscal year 2024, with a notable 18% revenue growth in its Overseas Schools segment. Despite a decline in overall revenue by 1%, the company improved its gross profit by 7.7% and gross margin by 2.3 percentage points. The company’s strategic focus on its core businesses and overseas expansion is expected to drive long-term growth and profitability.
For further insights into BEDU stock, check out TipRanks’ Stock Analysis page.