1、 New Oriental Announces Results for the Second Fiscal Quarter Ended November 30,2024 BEIJING,Jan.21,2025/PRNewswire/New Oriental Education&Technology Group Inc.(the Company or New Oriental)(NYSE:EDU/9901.SEHK),a provider of private educational services in China,today announced its unaudited financia
2、l results for the second fiscal quarter ended November 30,2024,which is the second quarter of New Orientals fiscal year 2025.Financial Highlights for the Second Fiscal Quarter Ended November 30,2024 Total net revenues increased by 19.4%year over year to US$1,038.6 million for the second fiscal quart
3、er of 2025.Total net revenues,excluding revenues generated from East Buy private label products and livestreaming business,increased by 31.3%year over year to US$894.2 million for the second fiscal quarter of 2025.Operating income decreased by 9.8%year over year to US$19.3 million for the second fis
4、cal quarter of 2025.Operating income,excluding operating loss generated from East Buy private label products and livestreaming business,increased by 102.5%year over year to US$25.0 million for the second fiscal quarter of 2025.Net income attributable to New Oriental increased by 6.2%year over year t
5、o US$31.9 million for the second fiscal quarter of 2025.Key Financial Results (in thousands US$,except per ADS(1)data)2Q FY2025 2Q FY2024%of change Net revenues 1,038,636 869,600 19.4%Operating income 19,255 21,342 -9.8%Non-GAAP operating income(2)(3)27,580 50,902 -45.8%Net income attributable to Ne
6、w Oriental 31,931 30,066 6.2%Non-GAAP net income attributable to New Oriental(2)(3)35,541 50,158 -29.1%Net income per ADS attributable to New Oriental-basic 0.20 0.18 7.9%Net income per ADS attributable to New Oriental-diluted 0.19 0.18 9.6%Non-GAAP net income per ADS attributable to New Oriental-ba
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