American Learning Corporation Reports First Quarter Results
JERICHO, N.Y.--([ BUSINESS WIRE ])--American Learning Corporation (the aCompanya) (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 a" | ||||
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.