TAL Education Group reported earnings results for the third quarter and nine months ended November 30, 2023. For the third quarter, the company reported sales was USD 373.51 million compared to USD 232.68 million a year ago. Net loss was USD 23.95 million compared to USD 51.58 million a year ago. Basic loss per share from continuing operations was USD 0.04 compared to USD 0.08 a year ago. Diluted loss per share from continuing operations was USD 0.04 compared to USD 0.08 a year ago.
For the nine months, sales was USD 1,060.88 million compared to USD 750.79 million a year ago. Net loss was USD 31.08 million compared to USD 96.2 million a year ago. Basic loss per share from continuing operations was USD 0.05 compared to USD 0.15 a year ago. Diluted loss per share from continuing operations was USD 0.05 compared to USD 0.15 a year ago.