BEIJING (AP) _ New Oriental Education & Technology Group Inc. (EDU) on Wednesday reported net income of $66 million in its fiscal first quarter.

On a per-share basis, the Beijing-based company said it had net income of 38 cents. Earnings, adjusted for stock option expense and non-recurring costs, were 48 cents per share.

The educational services provider posted revenue of $744.8 million in the period.

For the current quarter ending in November, New Oriental said it expects revenue in the range of $601.4 million to $619.2 million.

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