New Oriental Education & Technology Group Inc. (NYSE:EDU) Q4 2024 Earnings Conference Call July 31, 2024 8:00 AM ET

Company Participants

Sisi Zhao - Investor Relations
Stephen Yang - Executive President and Chief Financial Officer

Conference Call Participants

Alice Cai - Citigroup
Yiwen Zhang - China Renaissance
Felix Liu - UBS
Lucy Yu - Bank of America Merrill Lynch
Timothy Zhao - Goldman Sachs
Charlotte Wei - HSBC
Liping Zhao - CICC
DS Kim - JPMorgan

Operator

Good evening, and thank you for standing by for New Oriental's Full-Year 2024 Fourth Quarter Results Earnings Conference Call. At this time, all participants are in listen-only mode. After the managements prepared remarks, there will be a question-and-answer session. Today's conference is being recorded. If you have any objections, you may disconnect at this time.

I would now like to turn the meeting over to your host for today's conference, Ms. Sisi Zhao. Please go ahead.

Sisi Zhao

Thank you. Hello, everyone, and welcome to New Oriental's fourth fiscal quarter 2024 earnings conference call. Our financial results for the period were released earlier today and are available on the Company's website as well as on Newswire services.

Today, Stephen Yang, Executive President and Chief Financial Officer, and I will share New Oriental's latest earnings results and business updates in detail with you. After that, Stephen and I will be available to answer your questions.

Before we continue, please note that the discussion today will contain forward-looking statements made under the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements involve inherent risks and uncertainties. As such, our results may be materially different from the views expressed today. A number of potential risks and uncertainties are outlined in our public filings with the SEC. New Oriental does not undertake any obligation to update any forward-looking statements except as required under applicable law.

As a reminder, this conference is being recorded. In addition, a webcast of this conference call will be available on New Oriental's Investor Relations website at investor.neworiental.org.

I will now first turn the call over to Mr. Stephen Yang. Please go ahead.

Stephen Yang

Thank you, Sisi. Hello, everyone, and thank you for joining us on the call. Before we begin, we would like to firstly extend our gratitude to those who have been supporting and believing in New Oriental. We understand there might be some questions with regards to the latest separation of East Buy and Time with Yuhui.