Core Viewpoint - New Oriental-S (09901) reported strong financial results for the second quarter of fiscal year 2026, with significant year-on-year growth in revenue and profit metrics, leading to a stock price increase of over 4% [1] Financial Performance - For the second quarter of fiscal year 2026, net revenue increased by 14.7% year-on-year to $1.191 billion [1] - Operating profit surged by 244.4% year-on-year to $66.3 million [1] - Net profit attributable to shareholders rose by 42.3% year-on-year to $45.5 million [1] - For the first half of fiscal year 2026, net revenue was approximately $2.714 billion, reflecting a year-on-year growth of 9.7% [1] - Operating profit for the first half was about $377 million, up 20.7% year-on-year [1] - Net profit attributable to shareholders for the first half was approximately $286 million, a year-on-year increase of 3.2% [1] Market Expectations - Bank of America Securities noted that New Oriental-S's revenue and profit margins exceeded expectations for the second fiscal quarter [1] - Revenue growth accelerated to 15%, surpassing the guidance of 9% to 12% [1] - Non-GAAP operating profit margin expanded by 4.8 percentage points, also exceeding the guidance of "over 1 percentage point" [1] - The company provided a revenue growth guidance of 11% to 14% for the third fiscal quarter ending in February [1] - Full fiscal year revenue guidance was raised to $5.3 billion to $5.5 billion, indicating a year-on-year growth of 8% to 12%, up from the previous guidance of 5% to 10% [1] - The primary growth drivers include K12 business, Dongfang Zhenxuan, and a narrowing decline in overseas exam preparation services [1]
港股异动 | 新东方-S(09901)涨超4% 26年第二财季业绩胜市场预期 教育板块业务跌幅收窄