TAL Education (TAL) has released an update.
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TAL Education Group reports a significant recovery in its financial performance for the fourth fiscal quarter and full year of 2024, with net revenues soaring to $429.6 million in the quarter, a 59.7% increase year-over-year. The company also turned around its operational results, achieving a non-GAAP income from operations of $9.4 million in the quarter, compared to a loss the previous year, and a non-GAAP net income of $48 million, a sharp rise from a net loss in the same period of the prior year.
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