US Stock Market Move | TAL Education Group Sponsored ADR Class A (TAL.US) rose more than 2% as its revenue for the first quarter of the 2026 fiscal year increased by nearly 40% year-on-year.
On Tuesday, TAL Education Group (TAL.US) rose over 2%, to $11.30 per share.
On Tuesday, TAL Education Group Sponsored ADR Class A (TAL.US) rose over 2%, closing at $11.30. In the first quarter of the 2026 fiscal year, TAL Education Group Sponsored ADR Class A achieved operating revenue of $575 million, a 38.8% year-on-year increase; operating profit was $14.346 million, compared to an operating loss of $17.33 million in the same period last year; net profit attributed to TAL Education Group Sponsored ADR Class A was $31.282 million, a 174.4% year-on-year increase.
Regarding the growth in net income, Peng Zhuangzhuang, President and CFO of TAL Education Group Sponsored ADR Class A, stated at the performance meeting: "In this quarter, our revenue achieved year-on-year growth, mainly benefiting from the steady growth of our learning services and AI-driven smart hardware business. The newly launched P4, T4, and S4 smart hardware have helped our products reach a wider user base."
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