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New Oriental Education & Technology Group Inc. - EDU STOCK NEWS

Welcome to our dedicated news page for New Oriental Education & Technology Group (Ticker: EDU), a resource for investors and traders seeking the latest updates and insights on New Oriental Education & Technology Group.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect New Oriental Education & Technology Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of New Oriental Education & Technology Group's position in the market.

News
New Oriental to Report Third Quarter 2024 Financial Results on April 24, 2024
Rhea-AI Summary
New Oriental Education and Technology Group Inc. will report its financial results for the third quarter of 2024 on April 24, 2024. The earnings conference call will be hosted by the management at 8 AM U.S. Eastern Time. Participants can join via dial-in or live webcast. A replay will be available until April 24, 2025.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.97%
Tags
conferences earnings
-
News
New Oriental Announces Results for the Second Fiscal Quarter Ended November 30, 2023
Rhea-AI Summary
New Oriental Education & Technology Group Inc. (EDU) reported a 36.3% increase in total net revenues to US$869.6 million for the second fiscal quarter of 2024. Operating income improved to US$21.3 million from a loss of US$2.5 million in the same period of the prior fiscal year. Net income attributable to New Oriental surged by 4,007.4% year over year to US$30.1 million for the second fiscal quarter of 2024. The company's financial performance for the first half of fiscal year 2024 also showed significant growth, with net revenues increasing by 42.4% to US$1,969,621 and operating income rising by 200.0% to US$226,466.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.79%
Tags
earnings
-
News
New Oriental to Report Second Quarter 2024 Financial Results on January 24, 2024
Rhea-AI Summary
New Oriental Education and Technology Group Inc. (NYSE: EDU/ 9901.SEHK) to Report Second Quarter 2023 Financial Results on January 24, 2024
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.51%
Tags
conferences earnings
News
New Oriental Education & Technology Group Inc. Announces Results of Annual General Meeting
Rhea-AI Summary
New Oriental Education & Technology Group Inc. (EDU) announced the adoption of a proposed resolution at its annual general meeting of shareholders in Beijing. The resolution involves amending and restating the company's Memorandum of Association and Articles of Association.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.78%
Tags
none
-
News
NEW ORIENTAL EDUCATION & TECHNOLOGY GROUP INC. TO HOLD ANNUAL GENERAL MEETING ON NOVEMBER 28, 2023
Rhea-AI Summary
New Oriental Education & Technology Group Inc. announces the date and location of its annual general meeting of shareholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.48%
Tags
none
-
News
New Oriental Announces Results for the First Fiscal Quarter Ended August 31, 2023
Rhea-AI Summary
New Oriental Education & Technology Group Inc. reported strong financial results for the first fiscal quarter of 2024, with total net revenues increasing by 47.7% year over year to US$1.1 billion. Operating income and net income attributable to New Oriental also showed significant growth, increasing by 163.0% and 150.6% year over year, respectively. The company's new educational business initiatives and East Buy private label products and livestreaming e-commerce business were major drivers of this growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.85%
Tags
earnings
News
New Oriental to Report First Quarter 2024 Financial Results on October 25, 2023
Rhea-AI Summary
New Oriental Education and Technology Group Inc. will report Q1 financial results on October 25, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.52%
Tags
conferences earnings
-
News
New Oriental Announces Filing of Annual Report on Form 20-F for Fiscal Year 2023
Rhea-AI Summary
New Oriental Education & Technology Group Inc. filed its annual report for fiscal year 2023, providing access to investors and shareholders. No concrete business takes affecting stock price were found.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.1%
Tags
earnings
-
News
New Oriental Announces Results for the Fourth Fiscal Quarter and the Fiscal Year Ended May 31, 2023
Rhea-AI Summary
New Oriental Education & Technology Group Inc. (NYSE: EDU/ 9901.SEHK) announced a 64.2% increase in total net revenues to US$860.6 million for the fourth fiscal quarter of 2023, with operating income and net income rising by 145.5% and 115.3% year over year, respectively. The company also reported a 3.5% decrease in net revenues for the fiscal year 2023, reaching US$2,997,760, with operating income and net income increasing by 119.3% and 114.9% year over year, respectively.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.29%
Tags
earnings
News
New Oriental to Report Fourth Quarter 2023 Financial Results on July 26, 2023
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.13%
Tags
conferences earnings
Stock EDU logo
New Oriental Education & Technology Group Inc.

NYSE:EDU

EDU Rankings

#631 Ranked by Market Cap
#51 Ranked by Stock Gains
N/A Ranked by Dividends

EDU Stock Data

14.91B
1.44B
2.04%
41.95%
2.59%
Elementary and Secondary Schools
Educational Services
Link
China (Mainland)
Beijing

About EDU

as the largest provider of private educational services in china, new oriental offers education for a lifetime, teaching skills that give students a crucial competitive advantage in the workplace and help improve their quality of life. our wide range of educational programs, services and products includes english and other foreign language training, overseas and domestic test preparation courses, all-subjects after school tutoring, primary and secondary school education, educational content and software as well as online education. new oriental has become the most recognized brand in chinese private education. based on founder michael yu's groundbreaking vision, our innovative and inspirational instruction combines humorous, interactive teaching techniques with traditional chinese educational values. since our founding in 1993, new oriental has had over 23.4 million student enrollments, including approximately 2.9 million enrollments in fiscal year 2015. as of november 30, 2015, we had