American Learning Corporation Reports First Quarter Results
11 August 2010 - 1:52AM
Business Wire
American Learning Corporation (the “Company”) (NASDAQ: ALRN)
announced revenues of $2,266,090 and a net loss of $49,970 ($.01
net loss per share) for the quarter ended June 30, 2010. By
comparison, the Company reported revenues of $1,907,091 and a net
loss of $39,770 ($.01 net loss per share) for the three months
ended June 30, 2009.
During the three months ended June 30, 2010, revenues increased
18.8% over the comparable period in the prior fiscal year due to
increases in preschool programs and school staffing services.
Three Months Ended 06/30/10 06/30/09 (Unaudited)
Revenues $ 2,266,090 $ 1,907,091 Operating loss (50,288)
(44,137) Net loss $ (49,970) $ (39,770) Net loss per
share - basic and diluted $ (0.01) $ (0.01) Weighted average
shares – basic and diluted 4,754,900 4,754,900
American Learning Corporation, through its wholly owned
subsidiaries, Interactive Therapy Group Consultants, Inc. and
Signature Learning Resources, Inc., offers a comprehensive range of
services to children with developmental delays and
disabilities.
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