New Oriental

New Oriental Announces Filing of Annual Report on Form 20-F for Fiscal Year 2020

Thursday, September 17, 2020 - 2:18am

BEIJING, Sept. 16, 2020 /PRNewswire/ -- New Oriental Education & Technology Group Inc. (the "Company"or "New Oriental") (NYSE: EDU), the largest provider of private educational services in China, today announced that it filed its annual report on Form 20-F for the fiscal year ended May 31, 2020 with the Securities and Exchange Commission on September 16, 2020.

Key Points: 
  • BEIJING, Sept. 16, 2020 /PRNewswire/ -- New Oriental Education & Technology Group Inc. (the "Company"or "New Oriental") (NYSE: EDU), the largest provider of private educational services in China, today announced that it filed its annual report on Form 20-F for the fiscal year ended May 31, 2020 with the Securities and Exchange Commission on September 16, 2020.
  • The annual report can be accessed on New Oriental's investor relations website at http://investor.neworiental.org .
  • New Oriental will provide a hard copy of the annual report containing its audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon request.
  • New Oriental's ADSs, each of which represents one common share, currently trade on the New York Stock Exchange under the symbol "EDU."

New Oriental to Report Fourth Quarter 2020 Financial Results on July 28, 2020

Friday, July 3, 2020 - 9:00am

BEIJING, July 3, 2020 /PRNewswire/ --New Oriental Education and Technology Group Inc. (the "Company" or "New Oriental") (NYSE: EDU), the largest provider of private educational services in China, today announced that it will report its financial results for the fourth quarter ended May 31, 2020, before the U.S. market opens on July 28, 2020.

Key Points: 
  • BEIJING, July 3, 2020 /PRNewswire/ --New Oriental Education and Technology Group Inc. (the "Company" or "New Oriental") (NYSE: EDU), the largest provider of private educational services in China, today announced that it will report its financial results for the fourth quarter ended May 31, 2020, before the U.S. market opens on July 28, 2020.
  • Upon registering, you will be provided with participant dial-in numbers, passcode and unique registrant ID.
  • It will automatically direct you to the registration page of "New Oriental Fourth Fiscal Quarter 2020 Earnings Conference Call" where you may fill in your details for RSVP.
  • If it requires you to enter a participant conference ID, please enter "2169323".

New Oriental Announces Proposed Debt Offering

Monday, June 22, 2020 - 8:04am

The Company intends to use the net proceeds from the offering for general corporate purposes.

Key Points: 
  • The Company intends to use the net proceeds from the offering for general corporate purposes.
  • The joint bookrunners of the offering are BofA Securities and UBS AG Hong Kong Branch.
  • New Oriental is the largest provider of private educational services inChinabased on the number of program offerings, total student enrollments and geographic presence.
  • Among other things, the description of the proposed offering in this announcement contains forward-looking statements.

Analysis on Impact of COVID19-Online Tutoring Market 2020-2024 | Growing Importance of STEM Education to Boost Growth | Technavio

Monday, May 18, 2020 - 2:00pm

Our online tutoring market report covers the following areas:

Key Points: 
  • Our online tutoring market report covers the following areas:
    This study identifies the availability of apps and wearables for online tutoring as one of the prime reasons driving the online tutoring market growth during the next few years.
  • We provide a detailed analysis of vendors operating in the online tutoring market, including some of the vendors such as Ambow Education Holding Ltd., ArborBridge Inc., Chegg Inc., China Distance Education Holdings Ltd., Club Z!
  • Inc., iTutorGroup, New Oriental Education & Technology Group, Pearson Plc, TAL Education Group, and Vedantu Innovations Pvt.
  • Backed with competitive intelligence and benchmarking, our research reports on the online tutoring market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

New Oriental to Report Third Quarter 2020 Financial Results on April 21, 2020

Tuesday, March 24, 2020 - 8:00am

BEIJING, March 24, 2020 /PRNewswire/ --New Oriental Education and Technology Group Inc. (the "Company" or "New Oriental") (NYSE: EDU), the largest provider of private educational services in China, today announced that it will report its financial results for the third quarter ended February 29, 2020, before the U.S. market opens on April 21, 2020.

Key Points: 
  • BEIJING, March 24, 2020 /PRNewswire/ --New Oriental Education and Technology Group Inc. (the "Company" or "New Oriental") (NYSE: EDU), the largest provider of private educational services in China, today announced that it will report its financial results for the third quarter ended February 29, 2020, before the U.S. market opens on April 21, 2020.
  • Upon registering, you will be provided with participant dial-in numbers, passcode and unique registrant ID.
  • It will automatically direct you to the registration page of "New Oriental Third Fiscal Quarter 2020 Earnings Conference Call" where you may fill in your details for RSVP.
  • If it requires you to enter a participant conference ID, please enter "1443508".

New Oriental Announces Preliminary Estimated Revenues for the Third Quarter of Fiscal Year 2020 ending February 29, 2020 Reflecting Coronavirus Impact

Friday, February 28, 2020 - 10:00pm

BEIJING, Feb. 28, 2020 /PRNewswire/ -- New Oriental Education& Technology Group Inc. (the "Company" or "New Oriental") (NYSE: EDU), the largest provider of private educational services in China, today announced preliminary estimated revenues for the third quarter of fiscal year 2020 ending February 29, 2020.

Key Points: 
  • BEIJING, Feb. 28, 2020 /PRNewswire/ -- New Oriental Education& Technology Group Inc. (the "Company" or "New Oriental") (NYSE: EDU), the largest provider of private educational services in China, today announced preliminary estimated revenues for the third quarter of fiscal year 2020 ending February 29, 2020.
  • New Oriental currently expects its preliminary estimated total net revenues for the third quarter of fiscal year 2020 to be in the range of US$902.1 million and US$933.2 million, representing year-over-year growth in the range of 13% to 17%, respectively.
  • The above preliminary estimated revenues for the third quarter of fiscal year 2020 ending February 29, 2020 reflect New Oriental's current and preliminary view, which is subject to uncertainty and change.
  • Among other things, the preliminary estimated revenues for the third quarter of fiscal year 2020 in this announcement, contain forward-looking statements.

Agora.io and New Oriental Education & Technology Group Inc. Provide Access to Remote Classrooms Amidst Coronavirus Outbreak

Thursday, February 27, 2020 - 2:00pm

"Without the efforts of the New Oriental Live Broadcasting team and Agora.io, the quick launch of the platform would have not been possible," said Yu Minhong, Chairman of the New Oriental Education Technology Group.

Key Points: 
  • "Without the efforts of the New Oriental Live Broadcasting team and Agora.io, the quick launch of the platform would have not been possible," said Yu Minhong, Chairman of the New Oriental Education Technology Group.
  • The cloud-based classrooms provide a much needed alternative to traditional physical classrooms, and they touted powerful, interactive features:
    A student is able to address the classroom individually using voice or video capabilities.
  • This project was extremely important to us because it is essential to maintain continuity for both students and schools impacted by the Coronavirus outbreak."
  • About New Oriental Education & Technology Group Inc.
    New Oriental is the largest provider of private educational services in China based on the number of program offerings, total student enrollments and geographic presence.

New Oriental to Report Second Quarter 2020 Financial Results on January 20, 2019

Friday, December 20, 2019 - 8:00am

New Oriental is the largest provider of private educational services in China based on the number of program offerings, total student enrollments and geographic presence.

Key Points: 
  • New Oriental is the largest provider of private educational services in China based on the number of program offerings, total student enrollments and geographic presence.
  • New Oriental offers a wide range of educational programs, services and products consisting primarily of language training and test preparation, primary and secondary school education, online education, content development and distribution, overseas study consulting services, pre-school education and study tour.
  • New Oriental's ADSs, each of which represents one common share, currently trade on the New York Stock Exchange under the symbol "EDU."
  • For more information about New Oriental, please visit http://www.neworiental.org/english/ .

New Oriental Announces Filing of Annual Report on Form 20-F for Fiscal Year 2019

Friday, September 27, 2019 - 9:00am

BEIJING, Sept. 27, 2019 /PRNewswire/ --New Oriental Education & Technology Group Inc.(the "Company"or "New Oriental") (NYSE: EDU), the largest provider of private educational services in China, today announced that it filed its annual report on Form 20-F for the fiscal year ended May 31, 2019with the Securities and Exchange Commission on September 26, 2019.

Key Points: 
  • BEIJING, Sept. 27, 2019 /PRNewswire/ --New Oriental Education & Technology Group Inc.(the "Company"or "New Oriental") (NYSE: EDU), the largest provider of private educational services in China, today announced that it filed its annual report on Form 20-F for the fiscal year ended May 31, 2019with the Securities and Exchange Commission on September 26, 2019.
  • The annual report can be accessed on New Oriental's investor relations website at http://investor.neworiental.org .
  • New Oriental will provide a hard copy of the annual report containing its audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon request.
  • New Oriental is the largest provider of private educational services in China based on the number of program offerings, total student enrollments and geographic presence.

New Oriental to Report First Quarter 2020 Financial Results on October 22, 2019

Tuesday, September 24, 2019 - 9:00am

New Oriental is the largest provider of private educational services in China based on the number of program offerings, total student enrollments and geographic presence.

Key Points: 
  • New Oriental is the largest provider of private educational services in China based on the number of program offerings, total student enrollments and geographic presence.
  • New Oriental offers a wide range of educational programs, services and products consisting primarily of language training and test preparation, primary and secondary school education, online education, content development and distribution, overseas study consulting services, pre-school education and study tour.
  • New Oriental's ADSs, each of which represents one common share, currently trade on the New York Stock Exchange under the symbol "EDU."
  • For more information about New Oriental, please visit http://www.neworiental.org/english/ .