UPDATE: Brean Capital Starts New Oriental Education (EDU) at Buy
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/22/2026
- Nasdaq notches record-high close, AI optimism reignites and Treasury yields retreat
- Meta AI agent ‘Muse’ triggers massive tech rally as chips and Wall Street soar
- Oil price dips to $100 on hopes of US-Iran diplomacy, partial recovery in Saudi exports
- Paramount, Warner Bros jump on report of settlement progress in merger fight
- Investors may be underpricing how far rate hikes could go, Deutsche says
- Pennsylvania measles cases near 800 as outbreak grows
- A timeline of Trump administration moves to weaken endangered species protections
- Meta AI agent ‘Muse’ triggers massive tech rally as chips and Wall Street soar
- Nasdaq notches record-high close, AI optimism reignites and Treasury yields retreat
- SpaceX and Tesla’s AI linkup is getting deeper. Here’s what Morgan Stanley sees
New Oriental Announces Results for the Fourth Fiscal Quarter and Fiscal Year Ended May 31, 2016
July 20, 2016 4:00 AM EDTBEIJING, July 20, 2016 /PRNewswire/ -- New Oriental Education and Technology Group Inc. (the "Company" or "New Oriental") (NYSE: EDU), the largest provider of private educational services in China, today announced its unaudited financial results for the fourth fiscal quarter and fiscal year ended May 31, 2016.  Â
Financial Highlights for the Fourth Fiscal Quarter Ended May 31, 2016
Total net revenues increased by 20.1% year-over-year to US$394.9 million for the fourth fiscal quarter of 2016. Operating income increased by 61.1% year-over-year to US$37.1 million for the fourth fiscal quarter of 2016. Net income... More