New Oriental: Fiscal Q3 Earnings Snapshot
BEIJING (AP) — BEIJING (AP) — New Oriental Education & Technology Group Inc. (EDU) on Wednesday reported net income of $81.6 million in its fiscal third quarter.
The Beijing-based company said it had net income of 48 cents per share. Earnings, adjusted for one-time gains and costs, came to 56 cents per share.
The educational services provider posted revenue of $754.2 million in the period.
For the current quarter ending in May, New Oriental said it expects revenue in the range of $801.8 million to $822.7 million.
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