29 Jan 2026 CMB International Global Markets | Equity Research | Company Update New Oriental (EDU US) New Oriental (EDU US) - solid margin expansion 2QFY26 results beat; strong core educational business and solid margin expansion New Oriental announced 2QFY26 results: net revenue increased by 15% YoY to US$1.19bn, 3% ahead of Bloomberg consensus estimate; non-GAAP operating income surged by 207% YoY to US$89.13mn, beating consensus estimate of US$54.87mn, primarily attributable to enhanced operational effic ...