TAL Education (TAL) Tops Q3 EPS by 16c, Offers Q4 Guidance

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TAL Education Group Announces Unaudited Financial Results for the Third Fiscal Quarter Ended November 30, 2018

January 24, 2019 3:00 AM EST

BEIJING, Jan. 24, 2019 /PRNewswire/ -- TAL Education Group (NYSE: TAL) ("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 2019 ended November 30, 2018.

Highlights for the Third Quarter of Fiscal Year 2019

Net revenues increased by 35.3% year-over-year to US$586.0 million from US$433.3 million in the same period of the prior year. Income from operations increased by 59.2% to US$71.0 million from US$44.6 million in the same period of the prior year.... More