💥 Gate Square Event: #PTB Creative Contest# 💥
Post original content related to PTB, CandyDrop #77, or Launchpool on Gate Square for a chance to share 5,000 PTB rewards!
CandyDrop x PTB 👉 https://www.gate.com/zh/announcements/article/46922
PTB Launchpool is live 👉 https://www.gate.com/zh/announcements/article/46934
📅 Event Period: Sep 10, 2025 04:00 UTC – Sep 14, 2025 16:00 UTC
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🥇 1st
Morgan Stanley: New Oriental's second quarter revenue beats expectations, but profits and guidance fall short of expectations
According to Morgan Stanley's research report, New Oriental (EDU.N) achieved a 19% year-on-year increase in total revenue for the second quarter of the 2025 fiscal year, which is 2% higher than market expectations; core revenue increased by 31.3% year-on-year, surpassing the previous guidance of 25% to 28% year-on-year. As for the outlook for the third quarter of the 2025 fiscal year, core revenue is expected to increase by 18% to 21% year-on-year (in USD) or 20% to 23% year-on-year (in RMB), which is lower than the full-year guidance of 30% year-on-year growth. Morgan Stanley has set a target price of $83 for New Oriental's US stocks and has given it a buy rating.