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Tal Education Group (TAL.US) reported a 62.4% YoY increase in Q3 revenue, with a net profit of US$38.6 million.

Market IntelThursday, Jan 23, 2025 6:00 am ET

1min read

Good Future (TAL.US) released its Q3 2025 financial results. The company's Q3 net revenue was US$606.4 million, up 62.4% YoY; its net profit attributable to the Company was US$23.1 million, compared with a net loss of US$23.9 million in the same period last year; its basic and diluted EPS were both US$0.04.

Its non-GAAP net profit attributable to the Company was US$38.6 million, compared with a loss of US$1.9 million in the same period last year; its basic and diluted EPS were both US$0.06.

Its gross profit increased 59.6% YoY to US$319.8 million. Its operating loss was US$17.4 million, compared with a loss of US$32.2 million in the same period last year; its operating loss under non-GAAP was US$1.9 million, compared with a loss of US$10.2 million in the same period last year.

Its total cash, cash equivalents and short-term investments were US$3.8358 billion as of November 30, 2024.

After the release of the earnings report, the stock rose nearly 9% before the market opened.

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