New Oriental Education (EDU) PT Lowered to $115 at Deutsche Bank, Keeps 'Buy'
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New Oriental Announces Results for the Second Fiscal Quarter Ended November 30, 2017
January 23, 2018 3:04 AM ESTBEIJING, Jan. 23, 2018 /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 second fiscal quarter ended November 30, 2017, which is the second quarter of New Oriental's fiscal year 2018.  Â
Financial Highlights for the Second Fiscal Quarter Ended November 30, 2017
Total net revenues increased by 36.9% year-over-year to US$467.2 million for the second fiscal quarter of 2018. Operating loss was US$13.1 million for the... More