- 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.
Dyne Therapeutics Highlights DM1 and DMD Clinical Programs During ‘Spotlight on the Clinic’ Virtual Event
- Presentation and Discussion with Two Leading Neuromuscular Disease Experts -
- Data from DYNE-101 ACHIEVE and DYNE-251 DELIVER Clinical Trials Anticipated in the Second Half of 2023 -
- Refined Focus on
