TAL Education Group Announces Unaudited Financial Results for the Third Fiscal Quarter Ended November 30, 2019
(WorldNews Asia)

BEIJING, Jan. 21, 2020 /PRNewswire/ -- TAL Education Group (NYSE: TAL) (`TAL` or the `Company`), a leading K-12 after-school tutoring services provider in China, today announced its unaudited financial results for the third quarter of fiscal year 2020 ended November 30, 2019. Highlights for the Third Quarter of Fiscal Year 2020 Net revenues increased by 47.2% year-over-year to US$862.4 million from US$586.0 million in the same period of prior year. Income from operations increased by 9.9% year-over-year to US$78.0 million, from US$71.0 million in the same period of prior year. Non-GAAP income from operations, which excluded share-based compensation expenses, increased by 16.4% year-over-year...