New Oriental Education & Technology reports Q1 results
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- New Oriental Education & Technology press release (NYSE:EDU): Q1 Non-GAAP EPADS of $1.60.
- Revenue of $1.44B (+30.9% Y/Y).
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Outlook for the Second Quarter of the Fiscal Year 2025: New Oriental expects total net revenues, excluding revenues generated from East Buy private label products and livestreaming business, in the second quarter of the fiscal year 2025 (September 1, 2024 to November 30, 2024) to be in the range of US$851.4 million to US$871.8 million, representing year over year increase in the range of 25% to 28%.