New Oriental Education & Technology Group Inc（EDU）のニュースとイベントEDUNew Oriental Education & Technology Group Inc

New Oriental Confirms FY2027 Revenue Guidance of $6.45B to $6.68B

The company said, "New Oriental confirms the previously provided guidance of total net revenues in the fiscal year 2027 to be in the range of US$6,453.9 million to US$6,680.3 million, representing a year over year increase in the range of 14% to 18%."

New Oriental Reports Q1 Revenue of $1.87B, Exceeding Expectations

Reports Q1 revenue $1.87B, consensus $1.8B. Michael Yu, New Oriental's Executive Chairman, commented, "We are delighted to start our fiscal year 2027 with strong top line growth of 23.1%, above our current full year guidance range. Revenues from overseas test preparation and consulting business increased by approximately 7.7%. In addition, our domestic test preparation business targeting adults and university students grew by approximately 22.3% year over year, while our new educational business initiatives grew by approximately 24.7% year over year. This quarter, our non-academic tutoring courses reached around 60 cities, attracting approximately 476,000 student enrollments, and our intelligent learning system and devices were adopted across around 60 cities, with approximately 515,000 active paid users. In this new fiscal year, we will continue to deepen the execution of our core strategy, with continuous improvement in teaching and product quality as our primary growth drivers. We are confident that this disciplined approach will enable us to generate healthy and sustainable value over the long term. Alongside our growth momentum, our cost optimization and operational efficiency initiatives have entered a new phase this year and have achieved notable progress. New Oriental Home, our newly established comprehensive customer service platform integrated across all departments, had already served over 1,678,000 families across 69 cities by the end of this quarter. This platform has already begun to demonstrate its ability to enhance customer loyalty and retention and strengthen our cross-selling capabilities. We believe it will further increase customer lifetime value while lowering our overall customer acquisition costs. We remain firmly committed to building a stronger brand and creating enduring value for our customers and shareholders."

Company Approves $300M Cash Dividend and $200M Share Repurchase Plan

To implement its three-year shareholder return plan adopted in July 2025 for FY27, the board of directors of the company has approved an ordinary cash dividend and a new share repurchase program. The aggregate amount of the cash dividend for the fiscal year 2027 is expected to be approximately $300M, to be paid in two installments in December 2026 and June 2027, respectively. Further details regarding the cash dividend will be decided by the board of directors and announced by the company in due course. Pursuant to the share repurchase program for the fiscal year 2027, the company may repurchase up to $200M of its ADSs or common shares over the subsequent 12 months following the board approval. The company's proposed repurchases may be made from time to time in the open market at prevailing market prices, in privately negotiated transactions, in block trades and/or through other legally permissible means, depending on market conditions and in accordance with applicable rules and regulations. The board of directors of the company will review the share repurchase program periodically, and may authorize adjustment of its terms and size. The company expects to fund the repurchases out of its existing cash balance.