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.
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.
|Three Months Ended|
|Revenues||$ 2,266,090||$ 1,907,091|
|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|