TAL Education Group (XRS) Tops Q2 EPS by 17c
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TAL Education Group Announces Unaudited Financial Results for the Second Fiscal Quarter Ended August 31, 2016
October 27, 2016 4:00 AM EDTBEIJING, Oct. 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 second quarter of fiscal year 2017 ended August 31, 2016.
Highlights for the Second Quarter of Fiscal Year 2017
Net revenues increased by 56.4% year-over-year to US$271.1 million from US$173.3 million in the same period of the prior year. Income from operations increased by 31.4% to US$51.5 million from US$39.2 million in the same period of the prior year.... More