Learning Tree International, Inc. Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Year Ended September 28, 2018
December 20, 2018 at 04:05 pm EST
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Learning Tree International, Inc. announced unaudited consolidated earnings results for the fourth quarter and year ended September 28, 2018. For the quarter, the company reported revenue of $17,324,000 against $19,636,000 for the same period a year ago. Income from operations was $434,000 against $1,770,000 for the same period a year ago. Income from operations before income taxes was $368,000 against $1,611,000 for the same period a year ago. Net income was $300,000 against $1,468,000 for the same period a year ago. Basic income per share was $0.02 per share against $0.11 per share for the same period a year ago.
For the year, the company reported revenue of $64,318,000 against $70,663,000 for the same period a year ago. Loss from operations was $1,986,000 against $1,335,000 for the same period a year ago. Loss from operations before income taxes was $1,926,000 against $1,663,000 for the same period a year ago. Net loss was $2,059,000 against $2,137,000 for the same period a year ago. Basic loss per share was $0.16 per share against $0.16 per share for the same period a year ago.
Learning Tree International, Inc. is a provider of learning solutions to support organizationsâ use of technology and effective business practices. The Company provides skills training and certification solutions to impact individual careers and organizational performance. The Companyâs courses include agile and scrum; business applications; cloud computing; cyber security; data, analytics and artificial intelligence; information technology (IT) infrastructure; IT service management; leadership; project management; and software. Its solutions include Coaching, Custom Content Solutions, Enterprise Solutions, Government Solutions, Learning Tree+ Advantage Plan, Learning Paths, Managed Training Services, Skills Assessments, Team Training, and Training Vouchers. Its certification courses include ITIL 4 Foundation Training, CompTIA Security+ Training, PMI Authorized PMP Exam Prep, Certified ScrumMaster Training, CISSP Training and Certification Prep Course, and others.