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Stock impact report

New Oriental Announces Results for the Third Fiscal Quarter Ended February 29, 2024 [Yahoo! Finance]

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: Yahoo! Finance
provider of private educational services in China , today announced its unaudited financial results for the third fiscal quarter ended February 29, 2024, which is the third quarter of New Oriental's fiscal year 2024. Financial Highlights for the Third Fiscal Quarter Ended February 29, 2024 Total net revenues increased by 60.1% year over year to US$1,207.3 million for the third fiscal quarter of 2024. Operating income increased by 70.6% year over year to US$113.4 million for the third fiscal quarter of 2024. Net income attributable to New Oriental increased by 6.8% year over year to US$87.2 million for the third fiscal quarter of 2024. Key Financial Results (in thousands US$, except per ADS data) 3Q FY2024 3Q FY2023 % of change Net revenues 60.1 % Operating income 70.6 % Non-GAAP operating income 60.3 % Net income attributable to New Oriental 6.8 % Non-GAAP net income attributable to New Oriental 9.8 % Net income per ADS attributable to New Orien Show less Read more
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