09:44 AM EDT, 04/25/2024 (MT Newswires) -- TAL Education Group ( TAL ) shares were 2.6% higher in recent Thursday trading after the company reported fiscal Q4 non-GAAP earnings of $0.08 per diluted American depositary share, swinging from a per-ADS loss of $0.02 a year earlier.

Analysts polled by Capital IQ expected EPS of $0.02.

Net revenue for the quarter ended Feb. 29 was $429.6 million, up from $269 million a year earlier.

Analysts surveyed by Capital IQ expected $384.5 million.

The online education company said its board approved an extension of its stock-repurchase program by 12 months to repurchase shares worth about $503.8 million through April 30, 2025.

Price: 12.76, Change: +0.50, Percent Change: +4.08