- TAL Education Group (NYSE:TAL) reported a first-quarter FY23 sales decline of 83.8% year on year to $224 million.
- Operating costs and expenses declined 82.8% Y/Y to $260 million.
- The gross profit decreased 82.4% Y/Y to $135.5 million with a gross margin of 60.4%.
- The company’s loss from operations narrowed to $(28.3) million in the quarter.
- The company held $2.9 billion in cash and equivalents as of May 31, 2022.
- EPS loss was $(0.07) versus $(0.16) in the previous year.
- Price Action: TAL shares are trading lower by 5.07% at $5.06 in premarket on the last check Friday.
CME Group Extends Employment Agreement For Chairman & Chief Executive Officer Terry Duffy Through 2025
CME Group today announced that it will extend Chairman and Chief Executive Officer Terry Duffy's tenure through December 31, 2025, in an amended contract agreement the Board approved today. "Given his skillful
