Earnings release
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博 实 乐 Bright Scholar Bright Scholar Announces Unaudited Financial Results for the Second Fiscal Quarter of FY2021 FOSHAN , China , April 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 second fiscal quarter ended February 28 , 2021 . Second Fiscal Quarter Ended February 28 , 2021 Financial Highlights ( in comparison to the same period of the last fiscal year ) : RMB in million Except EPS and % Revenue Gross Profit Gross Margin Operating Income / ( Loss ) Operating Margin Net Income / ( Loss ) Net Margin Second Fiscal Quarter Ended February 28 , 2021 Second Fiscal Quarter Ended February 29 , 2020 ΥΟΥ % Change 809.0 877.0 ( 7.8 % ) 164.1 306.5 ( 46.5 % ) 20.3 % 35.0 % ( 14.7 % ) ( 40.3 ) 76.2 ( 152.9 % ) ( 5.0 % ) 8.7 % ( 13.7 % ) ( 42.4 ) 40.5 ( 204.7 % ) ( 5.2 % ) 4.6 % ( 9.8 % ) Adjusted Gross Profit ( 1 ) 171.5 317.5 ( 46.0 % ) Adjusted Gross Margin ( 1 ) 21.2 % 36.2 % ( 15.0 % ) Adjusted Operating Income / ( Loss ) ( 2 ) ( 32.2 ) 97.4 ( 133.0 % ) Adjusted Operating Margin ( 2 ) ( 4.0 % ) 11.1 % ( 15.1 % ) Adjusted Net Income / ( Loss ) ( 3 ) ( 36.0 ) 59.4 ( 160.5 % ) Adjusted Net Margin ( 3 ) ( 4.4 % ) 6.8 % ( 11.2 % ) Adjusted EBITDA ( 4 ) 48.3 152.5 ( 68.3 % ) Adjusted EBITDA Margin ( 4 ) 6.0 % 17.4 % ( 11.4 % ) Basic and Diluted Earnings / ( loss ) per Share ( 0.38 ) 0.39 ( 197.4 % ) Adjusted Basic and Diluted Earnings / ( loss ) per Share ( 5 ) ( 0.32 ) 0.55 ( 158.2 % ) Six Months Ended February 28 , 2021 Financial Highlights ( in comparison to the same period of the last fiscal year ) : RMB in million Except EPS and % Six Months Ended February 28 , 2021 Six Months Ended February 29 , 2020 ΥΟΥ % Change Revenue Gross Profit Gross Margin Operating Income Operating Margin Net Income Net Margin Adjusted Gross Profit ( 1 ) 1,860.6 1,975.0 ( 5.8 % ) 606.9 780.3 ( 22.2 % ) 32.6 % 39.5 % ( 6.9 % ) 188.1 343.5 ( 45.2 % ) 10.1 % 17.4 % ( 7.3 % ) 148.5 244.8 ( 39.3 % ) 8.0 % 12.4 % ( 4.4 % ) 621.5 802.3 ( 22.5 % ) Adjusted Gross Margin ( 1 ) 33.4 % 40.6 % ( 7.2 % ) Adjusted Operating Income ( 2 ) 204.1 385.7 ( 47.1 % ) Adjusted Operating Margin ( 2 ) 11.0 % 19.5 % ( 8.5 % ) Adjusted Net Income ( 3 ) 161.2 282.4 ( 42.9 % ) Adjusted Net Margin ( 3 ) 8.7 % 14.3 % ( 5.6 % ) Adjusted EBITDA ( 4 ) 369.0 505.0 ( 26.9 % ) Adjusted EBITDA Margin ( 4 ) 19.8 % 25.6 % ( 5.8 % ) Basic Earnings per Share 1.19 1.98 ( 39.9 % ) Diluted Earnings per Share 1.19 1.97 ( 39.6 % ) Adjusted Basic and Diluted Earnings per Share ( 5 ) 1.29 2.29 ( 43.7 % )