New Oriental Education & Technology (EDU) reported fiscal Q3 non-GAAP earnings Wednesday of $0.95 per diluted American depositary share, up from $0.70 a year earlier.

Net revenue for the quarter ended Feb. 28 was $1.42 billion, compared with $1.18 billion a year earlier.

Analysts polled by FactSet expected $1.36 billion.

The company expects fiscal Q4 net revenue of $1.43 billion to $1.47 billion. Analysts surveyed by FactSet expect $1.43 billion.

For fiscal 2026, the company raised its net revenue guidance to now be between $5.56 billion and $5.60 billion, from its prior range of between $5.29 billion and $5.49 billion.

Analysts polled by FactSet expect $5.48 billion.

New Oriental shares were down 1.3% in Tuesday premarket activity.