06:24 AM EDT, 10/28/2025 (MT Newswires) -- New Oriental Education & Technology ( EDU ) reported fiscal Q1 non-GAAP net income Tuesday of $1.61 per diluted American depositary share, up from $1.58 a year earlier.

Four analysts polled by FactSet expected $1.50.

Revenue for the fiscal quarter ended Aug. 31 was $1.52 billion, up from $1.44 billion a year earlier.

Analysts surveyed by FactSet expected $1.51 billion.

For fiscal Q2, the company said it expects revenue of $1.13 billion to $1.16 billion, up 9% to 12% year over year. Analysts surveyed by FactSet $1.15 billion.

For fiscal 2026, the company confirmed its previous revenue guidance of $5.15 billion to $5.39 billion, a year-over-year increase of 5% to 10%. Analysts surveyed by FactSet expect $5.34 billion.

Shares of the company were down 3.8% in recent premarket activity.