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Wed, August 11, 2010
Tue, August 10, 2010

American Learning Corporation Reports First Quarter Results


Published on 2010-08-10 09:00:30 - Market Wire
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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.

Contributing Sources