BEIJING (AP) — BEIJING (AP) — New Oriental Education & Technology Group Inc. (EDU) on Wednesday reported profit of $87.3 million in its fiscal third quarter.
The Beijing-based company said it had net income of 54 cents per share. Earnings, adjusted for one-time gains and costs, were 70 cents per share.
The educational services provider posted revenue of $1.18 billion in the period.
For the current quarter ending in May, New Oriental said it expects revenue in the range of $1.01 billion to $1.04 billion.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EDU at https://www.zacks.com/ap/EDU
Copyright © 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
