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New Oriental Education & Technology Group Inc V.EDU


Primary Symbol: EDU

New Oriental Education & Technology Group Inc is a China-based company mainly engaged in delivering comprehensive educational programs, services and products to students through its nationwide physical network of schools, learning centers and bookstores, as well as pure-play online learning platforms. The Company primarily operates through four segments. The Educational Services and Test Preparation Courses segment mainly provides K-12 after school training (AST), test preparation, and other courses. The Online Education and Other Services segment mainly provides online education. The Overseas Study Consulting Services segment mainly provides overseas study consulting services. The Educational Materials and Distribution segment is mainly engaged in distributing and selling books and other educational materials through its distribution channels, which consist of bookstores operated by the Company and third-party distributors.


NYSE:EDU - Post by User

Comment by elmothefearlesson Mar 06, 2012 8:39pm
232 Views
Post# 19636147

RE: News

RE: News

Well, we aren't generating significant cash flow (yet).  That being said, the important number here is that we are now cash flow positive.  Net income / loss isn't really a fair measure of operations as amortization will skew the results.

Anyway, kind of what we expected.  On the plus side they have ~$22 million to grow operations via a credit facility.

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