TAL Education's Fiscal Q4 Earnings Fall, Revenue Increases

MT Newswires Live
24 Apr

TAL Education (TAL) reported fiscal Q4 non-GAAP net income Thursday of $0.01 per diluted American depositary share, down from $0.08 a year earlier.

Analysts polled by FactSet expected $0.09.

Revenue for the fiscal quarter ended Feb. 28 was $610.2 million, up from $429.6 million a year earlier.

Analysts surveyed by FactSet expected $629.8 million.

Shares of the company fell more than 19% in recent premarket activity.

Price: 8.89, Change: -2.18, Percent Change: -19.85

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