New Oriental Education & Technology Group (EDU) reported a profit for its third quarter that increased from the same period last year
The company's bottom line totaled $87.26 million, or $0.54 per share. This compares with $87.17 million, or $0.52 per share, last year.
Excluding items, New Oriental Education & Technology Group reported adjusted earnings of $113.34 million or $0.70 per share for the period.
The company's revenue for the period fell 2.0% to $1.183 billion from $1.207 billion last year.
New Oriental Education & Technology Group earnings at a glance (GAAP) :
-Earnings: $87.26 Mln. vs. $87.17 Mln. last year.
-EPS: $0.54 vs. $0.52 last year.
-Revenue: $1.183 Bln vs. $1.207 Bln last year.
-Guidance:
Next quarter revenue guidance: US$1,009.1 Mln
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