New Oriental Education & Technology Group reports net revenue of $1.42 billion for the third fiscal quarter, exceeding the estimated $1.36 billion.
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Adjusted earnings per ADS for the third fiscal quarter were $0.95, with estimates at $0.90.General and administrative expenses for the third fiscal quarter were $382.1 million, with estimates at $391.9 million.Operating profit for the third fiscal quarter was $180.3 million, with estimates at $157.4 million.New Oriental Education & Technology Group expects net revenue for the fourth fiscal quarter to be between $1.43 billion and $1.47 billion, with market estimates at $1.43 billion.
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