TAL Education Group reported earnings results for the third quarter and nine months ended November 30, 2022. For the third quarter, the company reported sales was USD 232.68 million compared to USD 1,020.93 million a year ago. Net loss was USD 51.58 million compared to USD 99.37 million a year ago. Basic loss per share from continuing operations was USD 0.08 compared to USD 0.1533 a year ago. Diluted loss per share from continuing operations was USD 0.08 compared to USD 0.1533 a year ago.
For the nine months, sales was USD 750.79 million compared to USD 3,849.76 million a year ago. Net loss was USD 96.2 million compared to USD 1,027.99 million a year ago. Basic loss per share from continuing operations was USD 0.15 compared to USD 1.5967 a year ago. Diluted loss per share from continuing operations was USD 0.15 compared to USD 1.5967 a year ago.