TAL Education Group reported earnings results for the second quarter and six months ended August 31, 2023. For the second quarter, the company reported sales was USD 411.93 million compared to USD 294.06 million a year ago. Net income was USD 37.9 million compared to net loss of USD 0.787 million a year ago. Basic earnings per share from continuing operations was USD 0.0633. Diluted earnings per share from continuing operations was USD 0.0633.
For the six months, sales was USD 687.37 million compared to USD 518.11 million a year ago. Net loss was USD 7.14 million compared to USD 44.62 million a year ago. Basic loss per share from continuing operations was USD 0.01 compared to USD 0.07 a year ago. Diluted loss per share from continuing operations was USD 0.01 compared to USD 0.07 a year ago.