UPDATE: New Oriental Education (EDU) Tops Q2 EPS by 9c, Revenues Beat; Offers 3Q Revenue Outlook

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Go back to UPDATE: New Oriental Education (EDU) Tops Q2 EPS by 9c, Revenues Beat; Offers 3Q Revenue Outlook

New Oriental Announces FY2021 Second Quarter and Interim Financial Results (Ended November 30, 2020)

January 22, 2021 5:25 AM EST

BEIJING, Jan. 22, 2021 /PRNewswire/ -- New Oriental Education & Technology Group Inc. (the "Company" or "New Oriental") (NYSE: EDU and SEHK: 9901), the largest provider of private educational services in China, today announced its unaudited financial results for the second fiscal quarter ended November 30, 2020, which is the second quarter of New Oriental's fiscal year 2021.   

Financial Highlights for the Second Fiscal Quarter Ended November 30, 2020

Total net revenues increased by 13.1% year-over-year to US$887.7 million for the second fiscal quarter of 2021.... More