TAL Education Group (XRS) Misses Q3 EPS by 3c
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TAL Education Group Announces Unaudited Financial Results for the Third Fiscal Quarter Ended November 30, 2015
January 27, 2016 3:01 AM ESTBEIJING, Jan. 27, 2016 /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 third quarter of fiscal year 2016 ended November 30, 2015.
Highlights for the Third Quarter of Fiscal Year 2016
Net revenues increased by 43.1% year-over-year to US$142.2 million from US$99.4 million in the same period of the prior year. Income from operations increased by 16.8% to US$9.6 million from US$8.2 million in the same period of the prior year.... More