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TAL Education Swings to Fiscal Q1 Non-GAAP Profit as Revenue Rises
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TAL Education Swings to Fiscal Q1 Non-GAAP Profit as Revenue Rises
Aug 1, 2024 6:48 AM

09:28 AM EDT, 08/01/2024 (MT Newswires) -- TAL Education ( TAL ) reported fiscal Q1 non-GAAP earnings Thursday of $0.05 per diluted American depositary share, swinging from a loss of $0.03 a year earlier.

Four analysts polled by Capital IQ expected a loss of $0.01.

Revenue for the quarter ended May 31 was $414.2 million, up from $275.4 million a year earlier.

Analysts surveyed by Capital IQ expected $396 million.

Price: 9.38, Change: -0.64, Percent Change: -6.39

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