New Oriental Education & Technology Group Inc. (NYSE:EDUCATION) is one of the The best mid-cap stocks to buy with the highest growth potential.. On April 22, New Oriental Education & Technology Group reported strong financial results for the third quarter of 2026. Total net revenue grew 19.8% year-over-year to $1,417 million, while net income attributable to the company increased 45.3% to $126.8 million. Operating income also saw a significant increase of 44.8%, reaching $180.3 million.
The growth was driven by the expansion of new educational initiatives, including non-academic tutoring and smart learning systems, along with consistent performance in domestic and foreign exam preparation. Leadership emphasized the focus on operational efficiency, the integration of AI across the educational ecosystem, and the continued development of the East Buy platform. These efforts, combined with cost structure optimizations, resulted in an improved non-GAAP operating margin of 14.3%.
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Regarding shareholder returns, the board of directors approved the second installment of a dividend for fiscal 2026, in the amount of $0.06 per common share or $0.6 per ADS, payable in June. Additionally, the company continued its share repurchase program, having repurchased approximately $184.3 million in ADSs as of April 21, of the authorized total of $300 million.
New Oriental Education & Technology Group Inc. (NYSE:EDU) is a private educational service provider based in Beijing. Founded in 1993, the company operates through four segments, including educational services and test preparation courses, and study abroad consulting services.
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