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In an encouraging signal for the Chinese online education sector, Chinese state regulators are reportedly backing down from stringent regulations on tech sectors. Per the South China Morning Post, a regulatory meeting is scheduled to take place over the May Day holiday weekend and will ...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips China highly values education, to the point where much of society is formed around academic achievement. Cynically, then, this dynamic represents a powerful backdrop for New Oriental Education (NYSE: EDU ), a provider...
Image source: The Motley Fool. New Oriental Education & Technology Group (NYSE: EDU) Q3 2022 Earnings Call Apr 26, 2022 , 8:00 a.m. ET Operator Continue reading For further details see: New Oriental Education & Technology Group (E...
New Oriental Education & Technology (EDU -3.9%) FQ3 revenue took a dip of 48% Y/Y dip and was at $614.09M. Cost of revenues decreased by 30.9% Y/Y to $372.7M. Operating loss was $141.2M vs. an income of $101.5M prior. Operating margin for the quarter was negative 23.0%, compared...
New Oriental Education & Technology Group Inc. (EDU) Q3 2022 Earnings Conference Call April 26, 2022 8:00 A.M. ET Company Participants Sisi Zhao - Director, Investor Relations Stephen Yang - Executive President and Chief Financial Officer Conference Call Participants Felix Liu - UBS DS Ki...
New Oriental Education & Technology press release (NYSE:EDU): FQ3 Non-GAAP EPS of -$0.56. Revenue of $614.09M (-48.4% Y/Y). The total number of schools and learning centers was 847 as of February 28, 2022, a decrease of 778 and 822 compared to 1,625 as of February 28, 2021 and 1,669 as of...
New Oriental Announces Results for the Third Fiscal Quarter Ended February 28, 2022 PR Newswire BEIJING , April 26, 2022 /PRNewswire/ -- New Oriental Education & Technology Group Inc. (the "Company" or "New Oriental") (NYSE: EDU/ 9901.SEHK), a provide...
There have been few worse places to invest than the Chinese online education sector in the past year. However, a rebound in shares of stocks like New Oriental Education & Technology (NYSE:EDU +1.7%), TAL Education Group (NYSE:TAL +3.1%), and Gaotu Techedu Inc (NYSE:GOTU +4.8%) are receivi...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips New Oriental Education ( EDU ) stock might look like it’s taking a moonshot. However, the reality is actually bleak for the company and the stock. Investors should stay on the sidelines when it comes to Ne...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips New Oriental Education & Technology Group (NYSE: EDU ), a provider of private educational services in China, is watching its business collapse. This is due to regulation and China’s decision to crack down ...
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2024-07-11 02:02:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
New Oriental to Report Fourth Quarter 2024 Financial Results on July 31, 2024 PR Newswire BEIJING , July 2, 2024 /PRNewswire/ -- New Oriental Education and Technology Group Inc. (the "Company" or "New Oriental") (NYSE: EDU/ 9901.SEHK), a provider of private ...
2024-06-21 04:20:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...