TAL Education (TAL) Stock Climbs on Strong Q2 Earnings Report

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Oct 25, 2024

TAL Education Group (TAL, Financial) saw its stock continue to rise, with gains of 2% in pre-market trading, reaching $10.71. The increase follows the company's announcement of robust second-quarter financial results for the fiscal year 2025.

The company reported revenue of $619 million, marking a significant year-over-year increase of 50.4%. Net profit also surged to $57.4 million, marking a 51.5% increase from the previous year.

In the first half of the fiscal year, TAL Education generated $1.0335 billion in revenue, a 50.4% rise compared to the same period last year. The company achieved a net profit of $68.8 million, a substantial turnaround from the $7.1 million net loss recorded in the previous year.

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