BEIJING (AP) — BEIJING (AP) — New Oriental Education & Technology Group Inc. (EDU) on Wednesday reported net income of $30.1 million in its fiscal second quarter.

The Beijing-based company said it had profit of 18 cents per share. Earnings, adjusted for stock option expense and non-recurring costs, came to 29 cents per share.

The educational services provider posted revenue of $869.6 million in the period.

For the current quarter ending in February, New Oriental said it expects revenue in the range of $1.07 billion to $1.09 billion.

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