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Stock impact report

New Oriental Announces Results for the Fourth Fiscal Quarter and the Fiscal Year Ended May 31, 2019

New Oriental Education & Technology Group, Inc. Sponsored ADR representing 10 Ordinary Share (Cayman Islands) (EDU) 
Last new oriental education & technology group, inc. sponsored adr representing 10 ordinary share (cayman islands) earnings: 1/22 03:18 am Check Earnings Report
US:NYSE Investor Relations: investor.neworiental.org
Company Research Source: PR Newswire
BEIJING, July 23, 2019 /PRNewswire/ -- New Oriental Education & Technology Group Inc. (the "Company" or "New Oriental") (NYSE: EDU), the largest provider of private educational services in China, today announced its unaudited financial results for the fourth fiscal quarter ended May 31, 2019. Financial Highlights for the Fourth Fiscal Quarter Ended May 31, 2019Total net revenues increased by 20.2% year-over-year to US$842.9 million for the fourth fiscal quarter of 2019. Operating income increased by 36.0% year-over-year to US$77.0 million for the fourth fiscal quarter of 2019. Non-GAAP operating income, which excludes share-based compensation expenses, increased by 30.3% year-over-year to US$102.7 million for the fourth fiscal quarter of 2019. Net income attributable to New Oriental decreased by 33.5% year-over-year to US$43.2 million for the fourth fiscal quarter of 2019. Non-GAAP net income attributable to New Oriental, which excludes share-based compensation expenses and gain / (lo Show less Read more
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