TAL Education Group (XRS) Tops Q4 EPS by 2c

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TAL Education Group Announces Unaudited Financial Results for the Fourth Fiscal Quarter and the Fiscal Year Ended February 28, 2015

April 28, 2015 4:16 AM EDT

BEIJING, April 28, 2015 /PRNewswire/ -- TAL Education Group (NYSE: XRS) ("TAL" or the "Company"), a leading K-12 after-school tutoring services provider in China, today announced its unaudited financial results for the fourth quarter and the fiscal year ended February 28, 2015.

Highlights for the Fourth Quarter of Fiscal Year 2015

Net revenues increased by 41.6% year-over-year to US$123.2 million from US$87.0 million in the same period of the prior year. Income from operations increased by 3.2% to US$14.9 million, from US$14.4 million in the same period of the... More