New Oriental Expects Q4 Net Revenues (Excluding East Buy and Livestreaming) Between $1.01 B-$1.04 B Vs. $1.22B Est., Reflecting 10-13% YoY Growth
Benzinga · 04/23 09:50
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Outlook for the Fourth Quarter of the Fiscal Year 2025
New Oriental expects total net revenues, excluding revenues generated from East Buy private label products and livestreaming business, in the fourth quarter of the fiscal year 2025 (March 1, 2025 to May 31, 2025) to be in the range of US$1,009.1 million to US$1,036.6 million, representing year over year increase in the range of 10% to 13%. The projected increase of revenue in the Company's functional currency Renminbi is expected to be in the range of 12% to 15% for the fourth quarter of the fiscal year 2025
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