Tue, November 30, 2010
[ Tue, Nov 30th 2010 ]: Market Wire
2005 Certification
Mon, November 29, 2010
Thu, November 25, 2010
Wed, November 24, 2010
Tue, November 23, 2010
Mon, November 22, 2010
Sat, November 20, 2010
Fri, November 19, 2010
Thu, November 18, 2010
Wed, November 17, 2010
Tue, November 16, 2010
Mon, November 15, 2010
Sun, November 14, 2010
Fri, November 12, 2010
Thu, November 11, 2010
Wed, November 10, 2010
Tue, November 9, 2010
Mon, November 8, 2010
Sun, November 7, 2010
Sat, November 6, 2010
Fri, November 5, 2010

American Learning Corporation Reports Second Quarter Results

  Copy link into your clipboard //health-fitness.news-articles.net/content/2010/ .. -corporation-reports-second-quarter-results.html
  Print publication without navigation Published in Health and Fitness on by Market Wire
          🞛 This publication is a summary or evaluation of another publication

JERICHO, N.Y.--([ BUSINESS WIRE ])--American Learning Corporation (the aCompanya) (NASDAQ: ALRN) announced revenues of $1,502,806 and a net loss of $365,620 ($.08 net loss per share) for the three months ended September 30, 2010. By comparison, the Company reported revenues of $1,317,905 and a net loss of $353,508 ($.07 net loss per share) for the three months ended September 30, 2009.

During the three and six month periods ended September 30, 2010, revenues increased 14% and 17%, respectively, over the comparable periods in the prior fiscal year as a result of increases in preschool programs and school staffing services.

Three Months Ended Six Months Ended
09/30/10 09/30/09 09/30/10 09/30/09
(Unaudited) (Unaudited)
Revenues $ 1,502,806 $ 1,317,905 $ 3,768,896 $ 3,224,996
Operating loss (367,786) (354,977) (418,071) (399,114)
Net loss $ (365,620) $ (353,508) $ (415,590) $ (393,278)
Net loss per share - basic and diluted $ (0.08) $ (0.07) $ (0.09) $ (0.08)
Weighted average shares a"
basic and diluted 4,754,900 4,754,900 4,754,900 4,754,900

The Companya™s business is moderately seasonal based on the school year. Accordingly, revenues recorded during the three months ended September 30, 2010 and 2009, which include two full months during which schools are not in session, reflect the Companya™s lowest revenue producing quarter.

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.