- New Oriental Education & Technology press release ( NYSE: EDU ): Q4 Non-GAAP EPS of -$0.94.
- Revenue of $524M (-56.7% Y/Y).
- The total number of schools and learning centers was 744 as of May 31, 2022, a decrease of 103 and 925 compared to 847 as of February 28, 2022 and 1,669 as of May 31, 2021, respectively. The total number of schools was 107 as of May 31, 2022.
- New Oriental expects total net revenues in the first quarter of the fiscal year 2023 (June 1, 2022 to August 31, 2022) to be in the range of US$641.3 million to US$680.6 million, representing year-over-year decline in the range of 51% to 48%.
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New Oriental Education & Technology Non-GAAP EPS of -$0.94, revenue of $524M