2023-04-19 06:10:38 ET
- New Oriental Education & Technology press release ( NYSE: EDU ): Q3 Non-GAAP EPS of $0.56 beats by $0.30 .
- Revenue of $754.15M (+22.8% Y/Y) beats by $38.62M .
- The growth was mainly driven by the increase in 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 712 as of February 28, 2023, an increase of 4 compared to 708 as of November 30, 2022, and a decrease of 135 compared to 847 as of February 28, 2022, respectively. The total number of schools was 91 as of February 28, 2023.
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New Oriental Education & Technology Non-GAAP EPS of $0.56 beats by $0.30, revenue of $754.15M beats by $38.62M