New Oriental Education & Technology Group Earnings Advance 43% In Q3

(RTTNews) - New Oriental Education & Technology Group (EDU) announced a profit for its third quarter that gained ground from last year.

The company said its bottom line advanced to $75.89 million, or $0.48 per share. This was up from $52.89 million, or $0.34 per share, in last year's third quarter.

The company said revenue for the quarter rose 26.2% to $437.85 million. This was up from $346.91 million last year.

New Oriental Education & Technology Group earnings at a glance:

-Earnings (Q3): $75.89 Mln. vs. $52.89 Mln. last year. -Earnings Growth (Y-o-Y): 43.5% -EPS (Q3): $0.48 vs. $0.34 last year. -EPS Growth (Y-o-Y): 41.2% -Revenue (Q3): $437.85 Mln vs. $346.91 Mln last year. -Revenue Change (Y-o-Y): 26.2%