New Oriental Education & Technology Non-GAAP EPADS of $0.63 misses by $0.13, revenue of $1.21B beats by $120M
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Contributor since / Followers
9 months ago
- New Oriental Education & Technology press release (NYSE:EDU): Q3 Non-GAAP EPADS of $0.63 misses by $0.13.
- Revenue of $1.21B (+60.1% Y/Y) beats by $120M.
- The growth was mainly driven by the increase in net revenues from our educational new business initiatives and East Buy private label products and livestreaming e-commerce business.
- The total number of schools and learning centers was 911 as of February 29, 2024, an increase of 68 and 199 compared to 843 as of November 30, 2023 and 712 as of February 28, 2023, respectively. The total number of schools was 81 as of February 29, 2024.