New Oriental Education & Technology press release (EDU): Q2 Non-GAAP EPS of $0.45 beats by $0.11.
Revenue of $1.19B (+14.4% Y/Y) beats by $30M.
The growth was mainly driven by the increase in net revenues from the Company’s neweducational business initiatives
New Oriental expects total net revenues in the third quarter of the fiscal year 2026 (December 1, 2025 to February 28,2026) to be in the range of US$1,313.2 million to US$1,348.7 million vs $1.33B, representing year over year increase in therange of 11% to 14%.
Driven by encouraging growth across various business lines, New Oriental raises the full year guidance of total netrevenues in the fiscal year 2026 (June 1, 2025 to May 31, 2026) to be in the range of US$5,292.3 million toUS$5,488.3 million, representing a year over year increase in the range of 8% to 12%.
