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TAL Education Group Q1 Loss Declines

TAL Education Group (TAL) reported Loss for first quarter that decreased from last year

The company's bottom line totaled -$43.83 million, or -$0.07 per share. This compares with -$102.08 million, or -$0.16 per share, in last year's first quarter.

Excluding items, TAL Education Group reported adjusted earnings of -$17.35 million or -$0.03 per share for the period.

The company's revenue for the quarter fell 83.8% to $224.05 million from $1.38 billion last year.

TAL Education Group earnings at a glance (GAAP) :

-Earnings (Q1): -$43.83 Mln. vs. -$102.08 Mln. last year.
-EPS (Q1): -$0.07 vs. -$0.16 last year.
-Revenue (Q1): $224.05 Mln vs. $1.38 Bln last year.

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