New Oriental Education & Technology Group Inc.'s (EDU) board of directors approved a special cash dividend of 6 cents per share or 60 cents per ADS. The dividend will be payable to shareholders of record as of Sep 9, 2024, Beijing/Hong Kong Time and New York Time, respectively. The total amount of the dividend will be approximately $100 million.Payments are expected to be made on or around Sep 23 for common shareholders and Sept 26 for ADS holders. The dividend will be subject to the deposit agreement terms ...

BEIJING, Aug. 6, 2024 /PRNewswire/ -- New Oriental Education & Technology Group Inc. ("New Oriental" or the "Company") (NYSE: EDU and SEHK: 9901), a provider of private educational services in China, today announced that its board of directors has approved the upsizing of its share repurchase program. As previously disclosed, the Company launched a share repurchase program (the "Share Repurchase Program") whereby the Company was authorized to repurchase up to US$400 million of the Company's ADSs and/or comm ...

2024 年 8 月 1 日 CMB 国际全球市场 | 股票研究 | 公司更新 新东方 (EDU US) 核心教育业务持续强劲势头 新东方公布了 24 季度业绩 ： 净收入同比增长 32%，至 11.37 亿美元，与我们 / 普遍预期一 致 ； 非 GAAP 净收入同比下降 41%，至 3690 万美元，低于我们 / 普遍预期的 62 / 72 亿美 元，主要是由于加速产能扩张和对直播流媒体电子商务业务的投资增加。FY24 总收入 / 非 GAAP 净收入同比增长 44% / 47%，达到 4314 / 3.81 亿美元。对于 1QFY25E，不包括 East By 金融，管理层指导总收入同比增长 31 - 34 ％，达到 1255 - 12.84 亿美元，OPM 同比增长 200 个基点。我们将 FY25 - 26E 非 GAAP 盈利预测下调 5 - 10%，主要是为了反映加速产能 扩张和 East By 的业务调整。我们将 SOTP 衍生目标价格下调至 95.0 美元 （ 之前 ： 102.5 美元 ） 。维持买入。 教育业务实现了稳步复苏。海外测试准备和研究咨询收入同比分别增长 17.7% 和 17. ...

1 Aug 2024 CMB International Global Markets | Equity Research | Company Update New Oriental (EDU US) Core educational business sustained strong momentum New Oriental reported 4QFY24 results: net revenue was up by 32% YoY to US$1,137mn, in line with our/consensus estimate; non-GAAP net income declined by 41% YoY to US$36.9mn, below our/consensus estimate of US$62/72mn, primarily due to accelerated capacity expansion and increased investment in live streaming e-commerce business. FY24 total revenue/nonGAAP ne ...

New Oriental Education & Technology Group Inc. (NYSE:EDU) Q4 2024 Earnings Conference Call July 31, 2024 8:00 AM ET Company Participants Sisi Zhao - Investor Relations Stephen Yang - Executive President and Chief Financial Officer Conference Call Participants Alice Cai - Citigroup Yiwen Zhang - China Renaissance Felix Liu - UBS Lucy Yu - Bank of America Merrill Lynch Timothy Zhao - Goldman Sachs Charlotte Wei - HSBC Liping Zhao - CICC DS Kim - JPMorgan Operator Good evening, and thank you for standing by fo ...

BEIJING, July 31, 2024 /PRNewswire/ -- New Oriental Education & Technology Group Inc. (the "Company" or "New Oriental") (NYSE: EDU/ 9901.SEHK), a provider of private educational services in China, today announced its unaudited financial results for the fourth fiscal quarter and fiscal year ended May 31, 2024. Financial Highlights for the Fourth Fiscal Quarter Ended May 31, 2024 Total net revenues increased by 32.1% year over year to US$1,136.7 million for the fourth fiscal quarter of 2024. Operating income ...

nurulanga/E+ via Getty Images Elevator Pitch My rating for New Oriental Education & Technology Group Inc. (NYSE:EDU) shares is a Buy. I previously looked at EDU's financial prospects and shareholder capital return in my July 7, 2023 initiation piece. This latest update offers a preview of New Oriental Education's financial results for the final quarter of fiscal 2024 (YE May 31, 2024) that will be announced at the end of this month. I expect EDU to register a Q4 FY 2024 results beat, considering factors lik ...

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 educational services in China, today announced that it will report its financial results for the fourth quarter ended May 31, 2024, before the U.S. market opens on July 31, 2024. New Oriental's management will host an earnings conference call at 8 AM on July 31, 2024, U.S. Eastern Time (8 PM on July 31, 2024, Beijing/Hong Kong Time). Participa ...

BEIJING, May 24, 2024 /PRNewswire/ -- New Oriental Education & Technology Group Inc. ("New Oriental" or the "Company") (NYSE: EDU and SEHK: 9901), a provider of private educational services in China, today announced that its board of directors has authorized the Company to extend its share repurchase program launched in 2022 and amended in 2023 (the "Share Repurchase Program"), over the next twelve months through May 31, 2025. As of the date of this press release, the Company had repurchased approximately U ...

申万宏源研究 上海市南京东路99号 | +86 21 2329 7818 www.swsresearch.com 简单金融 成就梦想 教育 | 公司研究 网点扩张再提速，教育业务营收高增确立 2024年4月25日 新东方/新东方-S（EDU.N/09901.HK） 买入 新东方公布 24 财年三季度业绩（3QFY24，2023.12-2024.2），收入 12.07 亿美元，同比增长 维持 60.1%，Non-GAAP 归母净利润 1.05 亿美元，同比增长 9.8%。收入超我们预期，其高增继续由 素养培训业务和留学业务驱动。 市场数据：2024年4月24日 收盘价（港元） 70.9 秋季学期素养教育招生强劲增长。包括非学科素养培训业务在内的新业务（“双减”后公司开拓的 恒生中国企业指数 6100 素养教培，学习机等新业务）强劲增长推动公司业绩高增。我们预计3QFY24收入2.41亿美元， 52周最高/最低价 (港元) 77.05/28.25 同比增长 72.7%。其中非学科素养业务招生人数同比增长 62.8%至 35.5 万人，持续推动收入高 市值（亿港元） 1173 增。此外学习机订阅用户数达到 18.8 ...