New Oriental: Fiscal Q2 Earnings Snapshot
New Oriental: Fiscal Q2 Earnings Snapshot
By AP News
Published - Jan 17, 2023, 07:09 AM ET
Last Updated - Jun 23, 2023, 02:05 AM EDT
BEIJING (AP) _ New Oriental Education & Technology Group Inc. (EDU) on Tuesday reported earnings of $732,000 in its fiscal second quarter.
The Beijing-based company said it had a net income of less than 1 cent on a per-share basis. Earnings, adjusted for one-time gains and costs, were 10 cents per share.
The educational services provider posted revenue of $638.2 million in the period.
For the current quarter ending in February, New Oriental said it expects revenue in the range of $702.8 million to $719.8 million.
