FOSHAN, China (AP) — FOSHAN, China (AP) — Bright Scholar Education Holdings Ltd. (BEDU) on Monday reported a loss of $47.5 million in its fiscal fourth quarter.

The Foshan, China-based company said it had a loss of $1.60 per share. Losses, adjusted for non-recurring costs, were 52 cents per share.

The provider of international education to Chinese students posted revenue of $77.1 million in the period.

For the year, the company reported that its loss narrowed to $54.4 million, or $1.84 per share. Revenue was reported as $292.6 million.

In the final minutes of trading on Monday, the company's shares hit $1.13. A year ago, they were trading at $2.71.

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