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TAL Education Group Announces Unaudited Financial Results for the Fourth Fiscal Quarter and the Fiscal Year 2021
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Net Revenues up by 58.9% Year-Over-Year for the Fourth Fiscal Quarter
Non-GAAP Loss from Operations was US$216.9 million, compared to Non-GAAP Loss from Operations of US$8.4 million in the Same Period of Prior Year
Total Student Enrollments of Normal Priced Long-term Course up by 44.0% Year-Over-Year
Fiscal Year Results:
Non-GAAP Loss from Operations was
US$233.3 million, compared to Non-GAAP Income from Operations of US$255.4 million in Fiscal Year 2020
Non-GAAP net income attributable to TAL, which excluded share-based compensation expenses, was US$89.0 million, compared to non-GAAP net income attributable to TAL of US$7.7 million in fiscal year 2020
Posted on 8382
Bimini Capital Management, Inc. (OTCBB:BMNM), (“Bimini Capital,” “Bimini,” or the “Company”) today announced results of operations for the three month period ended December 31, 2020.
Fourth Quarter 2020 Highlights
Income tax benefit of $10.7 million, or $0.92 per common share
Book value per share of $2.97
Company to discuss results on Friday, March 12, 2021, at 10:00 AM ET
Management Commentary
Commenting on the fourth quarter results, Robert E. Cauley, Chairman and Chief Executive Officer, said, “As we sit here today, it is very sobering when we reflect on how much has transpired between March of 2020 and March of 2021. The month that seemed like it would never end finally did, and there were many dark days in between, but we clearly seem to be emerging from this dark episode that none of us will ever forget. The immediate impact of the turmoil in the financial markets last March was