New Oriental Education & Technology Group Inc. - ADR

NYSE:EDU  
25.29
+0.27 (+1.08%)
Other Pre-Announcement

New Oriental Posts Q4 Revenue Of $524 Million

Published: 07/27/2022 10:36 GMT
New Oriental Education & Technology Group Inc. - ADR (EDU) - New Oriental Announces Results for the Fourth Fiscal Quarter and the Fiscal Year Ended May 31, 2022 and Adoption of Up to Us$400 Million Share Repurchase Program.
Q4 Revenue Fell 56.8 Percent to $524 Million.
Qtrly Net Loss per Ads Attributable to New Oriental $1.12.
Qtrly Non-GAAP Net Loss per Ads Attributable to New Oriental -diluted $0.94.
Sees Q1 Revenue $641.3 Million to $680.6 Million.
New Oriental Education & Technology - on July 26, Board Authorized Repurchase of Up to Us$400 Million of Co's Common Shares.
New Oriental Education & Technology Group - Plans to Fund Any Share Repurchases Made Under Program From Co's Available Cash Balance.