TAL Education Group (NYSE: TAL) shares were experiencing a substantial surge following the release of its unaudited financial results for the third quarter of fiscal year 2025. The company reported net revenues of $606.4 million, a remarkable 62.4% increase compared to $373.5 million in the same quarter of the previous fiscal year. This robust performance has propelled TAL’s stock upward, with an increase of 17.48%, reaching a trading price of $10.73 as of the last check.
Higher Profits Placing The Company Among High-Performers
For the quarter ended November 30, 2024, the company’s gross profit also demonstrated significant growth, rising by 59.6% to $319.8 million from $200.3 million in the corresponding period of fiscal year 2024. This places TAL among prominent players in the Education and Training Services industry, alongside peers like DAO and QSG, who also boast gross profits exceeding US$500 million. Explore more peer stocks at this ST screener link.
Think Academy’s Thinkpal Tablet Garners Industry Recognition
Along with its financial success, Think Academy, TAL’s subsidiary, has attracted a lot of attention thanks to its ground-breaking Thinkpal tablet. At CES 2025, the gadget made its premiere and won several major prizes, such as Trusted Reviews Best in Show and TechRadar Pro Picks.
These honors honor outstanding creativity and significant ideas presented at the prestigious technology event. Think Academy President, Alex Peng, accepted the awards, emphasizing the Thinkpal’s unique position within the education technology market and its substantial value for both parents and educators.
AI-Powered Learning Solution Addresses Educational Challenges
The Thinkpal tablet is designed to revolutionize the learning experience for children in today’s dynamic world. Powered by advanced artificial intelligence, the device serves as a personalized guide and tutor for young learners. Recognizing the challenges posed by recent learning loss and declining test scores, the Thinkpal aims to reignite children’s passion for learning and bridge existing educational gaps.
Thinkpal’s Features Enhance Learning and Usability
Alex Peng highlighted several key features of Thinkpal during a press event. The device’s core functionality revolves around “GeniusTutor,” an AI-powered system that transforms learning into an interactive experience. The Thinkpal also offers an extensive library of ebooks, gamified coursework, and compatibility with widely used applications like Google Classroom.