New Oriental Education & Technology Group Inc. reported earnings results for the first quarter ended August 31, 2022. For the first quarter, the company reported sales was USD 744.82 million compared to USD 1,308.81 million a year ago. Net income was USD 66 million compared to USD 60.53 million a year ago.

Basic earnings per share from continuing operations was USD 0.4 compared to USD 0.4 a year ago. Diluted earnings per share from continuing operations was USD 0.4 compared to USD 0.4 a year ago.