Financial Data and Key Metrics Changes - The company reported revenue from continuing operations of $43.8 million, a decrease from $48.5 million in the same quarter last fiscal year [19] - Net income from continuing operations increased significantly by over 2,000% year over year, reaching RMB3.2 million compared to RMB0.3 million in the same quarter last fiscal year [18][21] - Adjusted net income grew by 179.5% to RMB2.5 million compared to RMB1.3 million for the same quarter last fiscal year [21] Business Line Data and Key Metrics Changes - The schools business accounted for approximately 61% of total revenue, maintaining stable enrollment at 2,699 students year over year [7][9] - Revenue from the overseas study consulting business increased by 6.2% to RMB11.9 million [17][21] - Schools and other revenues were reported at $26.6 million and $5.3 million respectively [21] Market Data and Key Metrics Changes - The company achieved a 14.2% year-over-year improvement in revenue per enrollment at U.S. schools [8] - In the UK, students received offers from eight of the top 10 UK universities, including prestigious institutions like Cambridge and UCL [13][14] Company Strategy and Development Direction - The company is focused on executing a dual engine growth strategy, expanding its school business while enhancing global recruitment efforts [7][15] - There is a commitment to operational efficiency and maintaining high academic standards to drive sustainable long-term value [8][9] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the ability to deliver stronger long-term value to students, families, and shareholders, despite macroeconomic headwinds [15] - The company remains optimistic about capitalizing on the growing demand for premier international education [15] Other Important Information - SG&A expenses decreased by 30.7% year over year, improving the SG&A to revenue ratio by 1.2 percentage points [18][21] - The company reported a gross margin from continuing operations of 30%, slightly down from 30.8% in the same quarter last fiscal year [20] Q&A Session Summary - There were no questions during the Q&A session, indicating a lack of immediate inquiries from analysts or investors [23]

Financial Data and Key Metrics Changes - The company reported revenue from continuing operations of $43.8 million, compared to $48.5 million for the same quarter last fiscal year, indicating a decline in revenue [19] - Net income from continuing operations increased significantly by over 2,000% year over year, reaching RMB3.2 million, up from RMB0.3 million [21] - Adjusted net income grew by 179.5% to RMB2.5 million compared to RMB1.3 million for the same quarter last fiscal year [21] Business Line Data and Key Metrics Changes - The overseas study consulting revenue increased by 6.2% to RMB11.9 million [20] - The schools business remained the primary revenue source, accounting for around 61% of total revenue [10] - SG&A expenses from continuing operations decreased by 13.7% year over year, reflecting improved operational efficiency [21] Market Data and Key Metrics Changes - The company maintained stable student enrollment year over year at 2,699 students as of March 31, 2025 [7] - Strong 14.2% year-over-year improvement in revenue per enrollment at U.S. schools [8] - In the UK, students received offers from eight of the top 10 UK universities, including prestigious institutions like Cambridge and UCL [14] Company Strategy and Development Direction - The company is focused on executing a dual engine growth strategy, expanding its school business while enhancing global recruitment efforts [16] - The strategic initiatives aim to drive operational efficiency and enhance the global footprint to create sustainable long-term value [8][16] - The company is leveraging partnerships with local institutions to amplify its presence in new geographies [15] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the ability to deliver stronger long-term value to students, families, and shareholders [16] - The company remains committed to empowering students worldwide and creating value for all stakeholders [22] - Despite macroeconomic headwinds, the company demonstrated resilience through diversified operations and maintained rigorous academic standards [10] Other Important Information - The company achieved a 30.7% reduction in SG&A expenses year over year, improving the SG&A to revenue ratio by 1.2 percentage points [19] - The gross margin from continuing operations was 30%, compared to 30.8% for the same quarter last fiscal year [20] Q&A Session Summary - There were no questions during the Q&A session, indicating a lack of inquiries from analysts or investors [23]

Core Viewpoint - New Oriental Education and Technology Group Inc. will report its financial results for the third quarter ended February 28, 2025, on April 23, 2025, before the U.S. market opens [1] Group 1: Financial Reporting - The earnings conference call is scheduled for 8 AM on April 23, 2025, U.S. Eastern Time [1] - Participants can register in advance for the conference call to receive dial-in numbers and a unique personal PIN [2] - A live and archived webcast of the conference call will be available on the company's investor relations website [4] Group 2: Company Overview - New Oriental is a provider of private educational services in China, offering a variety of educational programs, services, and products [5] - The company's offerings include educational services, test preparation courses, private label products, livestreaming e-commerce, and overseas study consulting services [5] - New Oriental is listed on both NYSE (NYSE: EDU) and SEHK (9901.SEHK), with its American Depositary Shares (ADSs) representing ten common shares [5]

Core Viewpoint - The article discusses the innovative educational model of Alpha School in Texas, which utilizes AI tutors to enhance student learning efficiency, resulting in students achieving top academic performance with significantly reduced study time [2][4][6]. Group 1: AI Integration in Education - Alpha School employs AI-powered tools that allow students to master core academic subjects in just 2 hours, compared to 6 hours in traditional schools [6][8]. - The school focuses on personalized learning experiences, enabling students to learn at their own pace and providing tailored educational paths [5][14]. - Students report no homework, reduced stress, and increased engagement, contrasting sharply with traditional schooling experiences [8][12]. Group 2: Expansion and Online Education - Alpha School is expanding across the United States and has received attention for its unique approach to education [11]. - The establishment of Unbound Academy, a virtual school, further exemplifies the shift towards online education using similar AI-driven methodologies [13][14]. - Unbound Academy allows students to learn subjects like math and reading at their own pace, with AI adjusting the difficulty based on individual performance [14]. Group 3: Public Reception and Criticism - The innovative model has garnered both praise and skepticism from the public, with some viewing it as the future of education while others question the effectiveness and transparency of the AI systems used [16][17]. - Concerns have been raised regarding the high tuition fees of $40,000 per year and the lack of detailed evidence supporting the claims of improved learning outcomes [17][18].