TAL net income more than doubled to US$408 million in Q1 FY27; net revenues rise 31.9% to US$758.4 million
TAL•TAL•TAL•TAL•TAL Education Group posted Q1 FY2027 net revenues of US$758.4 million, up 31.9% year over year.
Operating income widened to US$137.2 million; net income attributable to shareholders climbed to US$408 million.
Basic EPS was US$0.74 per ADS, compared with US$0.05 per ADS a year earlier.
Other income surged to US$405.2 million, mainly due to fluctuations in the fair value of certain investments.
The board extended its share repurchase program by 12 months through July 28, 2027, with up to US$393.7 million remaining authorized.
