Yahoo Finance

BEIJING (AP) — BEIJING (AP) — New Oriental Education & Technology Group Inc. (EDU) on Tuesday reported profit of $31.9 million in its fiscal second quarter.

The Beijing-based company said it had profit of 19 cents per share. Earnings, adjusted for one-time gains and costs, came to 22 cents per share.

The educational services provider posted revenue of $1.04 billion in the period.

For the current quarter ending in February, New Oriental said it expects revenue in the range of $1.01 billion to $1.03 billion.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EDU at https://www.zacks.com/ap/EDU