New Oriental Education & Technology Exceeds Earnings and Revenue Estimates
New Oriental Education & Technology (EDU) reported better-than-expected financial results for its fourth fiscal quarter of 2026. The company's non-GAAP earnings per adjusted diluted share (EPADS) came in at $0.55, surpassing estimates by $0.09. Revenue reached $1.53 billion, a year-over-year increase of 23.4%, and beat expectations by $60 million. The company also reported strong cash flow performance with net operating cash inflow amounting to approximately $518.7 million for the quarter. These results reflect solid operational execution amid ongoing market challenges in China's education sector, particularly following regulatory changes that have impacted tutoring businesses.
Tickers: $EDU
Topics: education non-gaap_earnings revenue_growth