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New Oriental Education & Technology Group, Inc. ( (HK:9901) ) has shared an announcement.
New Oriental Education & Technology Group Inc. announced its unaudited financial results for the third fiscal quarter ended February 28, 2025. The company reported a 2.0% decrease in total net revenues year over year, amounting to US$1,183.1 million. However, excluding revenues from East Buy private label products and livestreaming business, net revenues increased by 21.2% to US$1,038.3 million. Operating income rose by 9.8% to US$124.5 million, and net income attributable to New Oriental saw a slight increase of 0.1% to US$87.3 million. These results indicate a mixed financial performance, with growth in core educational services offset by declines in other areas.
More about New Oriental Education & Technology Group, Inc.
New Oriental Education & Technology Group Inc. is a provider of private educational services in China, offering a range of educational programs, services, and products to students across the country.
YTD Price Performance: -36.13%
Average Trading Volume: 1,001
Technical Sentiment Signal: Buy
Current Market Cap: €6.36B
Learn more about 9901 stock on TipRanks’ Stock Analysis page.
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