Read How New Oriental Education Performed In Q4
New Oriental Education Technology Group Inc (NYSE: EDU ) reported a fourth-quarter FY22 sales decline of 56.8% year-on-year, to $524 million. The decline was mainly due to the cessation of K-9 academic after-school tutoring services in compliance with the government policies in China. Non-GAAP operating costs and expenses decreased 53.6% Y|Y to $600.9 million. The operating loss for the quarter … Full story available on Benzinga.com
Read How New Oriental Education Performed In Q4
New Oriental Education Technology Group Inc (NYSE: EDU ) reported a fourth-quarter FY22 sales decline of 56.8% year-on-year, to $524 million. The decline was mainly due to the cessation of K-9 academic after-school tutoring services in compliance with the government policies in China. Non-GAAP operating costs and expenses decreased 53.6% Y|Y to $600.9 million. The operating loss for the quarter … Full story available on Benzinga.com