New Oriental: Fiscal Q1 Earnings Snapshot
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BEIJING (AP) — BEIJING (AP) — New Oriental Education & Technology Group Inc. (EDU) on Wednesday reported net income of $165.4 million in its fiscal first quarter.
The Beijing-based company said it had net income of 99 cents per share. Earnings, adjusted for stock option expense and non-recurring costs, were $1.13 per share.
The educational services provider posted revenue of $1.1 billion in the period.
For the current quarter ending in November, New Oriental said it expects revenue in the range of $785 million to $804.2 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EDU at https://www.zacks.com/ap/EDU
