New Oriental Education (EDU) Tops Q1 EPS by 14c, Revenues Beat
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/14/2026
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
New Oriental Announces Results for the First Fiscal Quarter Ended August 31, 2020
October 13, 2020 4:05 AM EDTBEIJING, Oct. 13, 2020 /PRNewswire/ -- New Oriental Education & Technology Group Inc. (the "Company" or "New Oriental") (NYSE: EDU), the largest provider of private educational services in China, today announced its unaudited financial results for the first fiscal quarter ended August 31, 2020, which is the first quarter of New Oriental's fiscal year 2021. Â Â
Financial Highlights for the First Fiscal Quarter Ended August 31, 2020
Total net revenues decreased by 8.0% year-over-year to US$986.4 million for the first fiscal quarter of 2021. Operating income decreased by 38.9% year-over-year to US$150.3 million for the first fiscal... More