New Oriental Education (EDU) Reports Q3 EPS of ($0.56)

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Go back to New Oriental Education (EDU) Reports Q3 EPS of ($0.56)

New Oriental Announces Results for the Third Fiscal Quarter Ended February 28, 2022

April 26, 2022 6:00 AM EDT

BEIJING, April 26, 2022 /PRNewswire/ -- New Oriental Education & Technology Group Inc. (the "Company" or "New Oriental") (NYSE: EDU/ 9901.SEHK), a provider of private educational services in China, today announced its unaudited financial results for the third fiscal quarter ended February 28, 2022, which is the third quarter of New Oriental's fiscal year 2022.   

Financial Highlights for the Third Fiscal Quarter Ended February 28, 2022

Total net revenues decreased by 48.4% year-over-year to US$614.1 million for the third fiscal quarter of 2022.Operating... More