TAL Education (TAL) Tops Q4 EPS by 1c, Offers Guidance
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TAL Education Group Announces Unaudited Financial Results for the Fourth Fiscal Quarter and the Fiscal Year 2021
April 22, 2021 4:00 AM EDTQuarterly Results:Net Revenues up by 58.9% Year-Over-Year for the Fourth Fiscal QuarterNon-GAAP Loss from Operations was US$216.9 million, compared to Non-GAAP Loss from Operations of US$8.4 million in the Same Period of Prior YearTotal Student Enrollments of Normal Priced Long-term Course up by 44.0% Year-Over-Year Fiscal Year Results:Net Revenues up by 37.3%Non-GAAP Loss from Operations was US$233.3 million, compared to Non-GAAP Income from Operations of US$255.4 million in Fiscal Year 2020Non-GAAP net income attributable to TAL, which excluded share-based compensation expenses, was US$89.0... More
