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TAL Education Revenue Hits $994.6 Million but Misses Estimates by $85.4 Million

Second-quarter revenue rose 15.5% from a year earlier, while non-GAAP earnings per American depositary share were $0.06.

A plain share rests on a brass balance scale beside a rising metal form / TokenPost.ai
A plain share rests on a brass balance scale beside a rising metal form / TokenPost.ai

TAL Education Group generated $994.6 million in second-quarter revenue, up 15.5% from a year earlier but $85.4 million below estimates, putting growth alongside an estimate miss.

Non-GAAP earnings per American depositary share were $0.06. Operating income for the quarter was $235.9 million, compared with $96.1 million in the year-earlier period.

Non-GAAP operating income reached $247.7 million, up from $107.8 million a year earlier.

John Kim

John Kim reports on the digital-asset business for TokenPost. Send corrections or tips to info@tokenpost.com.

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