(Reuters) - NEW YORK, July 24 - New Oriental Education and
Technology Group Inc. missed analyst expectations that
it would make a fourth-quarter profit, sending its shares down
as much as 17.5 percent on Tuesday morning.
The provider of private education services in China posted
a net loss of $1.6 million, or 4 cents an American Depositary
Share, for the quarter ended May 31.
Read more at Reuters.com Market News
Technology Group Inc. missed analyst expectations that
it would make a fourth-quarter profit, sending its shares down
as much as 17.5 percent on Tuesday morning.
The provider of private education services in China posted
a net loss of $1.6 million, or 4 cents an American Depositary
Share, for the quarter ended May 31.
Read more at Reuters.com Market News
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