Start Time: 08:00 January 1, 0000 8:30 AM ET Four Seasons Education (Cayman) Inc. (NYSE:FEDU) Q3 2020 Earnings Conference Call January 16, 2020, 08:00 AM ET Company Participants Joanne Zuo - Director and CEO Xun Wang - VP of Finance Olivia Li - IR Manager Conference Call Participants Joy Wei - 86Research Operator Hello, ladies and gentlemen. Thank you for standing by for the Four Seasons Education's Third Quarter Fiscal Year 2020 Earnings Conference Call. At this time, all participants are in a listen-only ...

Financial Data and Key Metrics Changes - Total student enrollment reached 39,357, representing a growth of 90.8% year-over-year [5] - Revenue increased by 37.9% to RMB 128.8 million from RMB 93.4 million in the same period last year [11] - Gross profit increased by 45.3% to RMB 71.0 million from RMB 48.8 million year-over-year [12] - Operating income grew by 234.9% to RMB 28.3 million from RMB 8.5 million in the same period last year [12] - Net income increased by 217.8% to RMB 20.3 million compared to RMB 6.4 million in the same period last year [13] - Basic and diluted income per ADS were RMB 0.40 and RMB 0.39, compared to RMB 0.14 and RMB 0.13 respectively for the same period last year [14] Business Line Data and Key Metrics Changes - The company reported a robust increase in enrollments, attributed to diversified course offerings and enhanced brand awareness [5][6] - The optimization of the learning center network led to a substantial expansion in gross margin, which increased by 282 basis points to 55.1% [9] - The company launched its first Bridge summer camp, indicating a diversification of educational programs beyond traditional tutoring [7] Market Data and Key Metrics Changes - The company added two new learning centers in Chongqing and Shenzhen, both identified as economically dynamic markets with growth potential for K-12 after-school education [6] - As of August 31, 2019, the company operated 54 learning centers, with 44 in Shanghai and 10 in other cities [6] Company Strategy and Development Direction - The company aims to solidify its strengths in Shanghai and other established cities while remaining prudent in its expansion plans [8] - The focus is on providing diversified educational content and enhancing the learning experience for students of different ages [8] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's strategic adjustments leading to healthy development following a transformation phase [8] - For the third quarter of fiscal 2020, the company expects revenue in the range of RMB 100.3 million to RMB 104.8 million, representing year-over-year growth of approximately 10% to 15% [15] Other Important Information - The company reported a cash and cash equivalents balance of RMB 516.3 million as of August 31, 2019, an increase of 17.5% compared to RMB 439.6 million as of February 28, 2019 [14] Q&A Session Summary Question: What contributed to the robust increase in student enrollments? - Management acknowledged that part of the increase was due to a change in the tuition fee collection schedule, but organic growth was also attributed to class diversification and recruitment efforts [17][18] Question: What are the future plans for new study centers? - The company plans to continue expanding in key cities like Chongqing and Shenzhen, with a dedicated team in Shenzhen to drive business growth [19][20] Question: Why is the revenue growth guidance for the third quarter lower than the second quarter? - Management indicated that the third quarter is expected to be less strong based on current estimates, and they are being conservative in their guidance [20]

Four Seasons Education (Cayman) Inc. (NYSE:FEDU) Q1 2020 Results Conference Call July 30, 2019 8:00 AM ET Company Participants Olivia Li - Investor Relations Manager Peiqing Tian - Chairman and Chief Executive Officer Joanne Zuo - Director and Chief Financial Officer Operator Good day, ladies and gentlemen. Thank you for standing by for the Four Seasons Education's First Quarter Fiscal Year 2020 Earnings Conference Call. [Operator instructions] Today's conference call is being recorded. I will now turn the ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 | --- | |--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------| | (Exact name of Registrant as specified in its charter) | | N/A (Translation of Registrant's name into English) | | Cayman Islands (Jurisdiction of incorporation or organization) | | 5th Floor, Building C Jin'an 610 No. 610 Hengfeng R ...

Four Seasons Education (Cayman) Inc. (NYSE:FEDU) Q4 2019 Earnings Conference Call May 5, 2019 8:00 AM ET Company Participants Olivia Li - Investor Relations Peiqing Tian - Chairman and Chief Executive Officer Yi Zuo - Director and Chief Financial Officer Conference Call Participants Melissa Chen - China Renaissance Operator Hello, ladies and gentlemen thank you for standing by for the Four Seasons Education's Fourth Quarter and Fiscal Year 2019 Earnings Conference Call. [Operator Instructions] Today's confe ...

Four Seasons Education (Cayman) Inc. (NYSE:FEDU) Q3 2019 Earnings Conference Call January 28, 2018 6:00 AM ET Company Participants Ellen Wang – Investors Relations-Director Peiqing Tian – Chairman and Chief Executive Officer Yi Zuo – Director and Chief Financial Officer Conference Call Participants Sheng Zhong – Morgan Stanley Melissa Chen – China Renaissance Operator Hello, ladies and gentlemen. Thank you for standing by for the Four Seasons Education’s Third Quarter Fiscal Year 2019 Earnings Conference Ca ...