New Oriental Education & Technology Group Inc. reported earnings results for the third quarter and nine months ended February 29, 2024. For the third quarter, the company reported sales was USD 1,207.29 million compared to USD 754.15 million a year ago. Net income was USD 87.17 million compared to USD 81.65 million a year ago. Basic earnings per share from continuing operations was USD 0.5 compared to USD 0.5 a year ago. Diluted earnings per share from continuing operations was USD 0.5 compared to USD 0.5 a year ago.
For the nine months, sales was USD 3,176.91 million compared to USD 2,137.19 million a year ago. Net income was USD 282.62 million compared to USD 148.38 million a year ago. Basic earnings per share from continuing operations was USD 1.7 compared to USD 0.9 a year ago. Diluted earnings per share from continuing operations was USD 1.7 compared to USD 0.9 a year ago.