Learning Tree International, Inc. announced unaudited consolidated earnings results for the second quarter and six months ended March 31, 2018. For the quarter, the company announced revenues of $13,595,000 compared to $16,071,000 for the same period a year ago. Loss from operations was $2,331,000 compared to $2,062,000 for the same period a year ago. Loss from operations before income taxes was $2,383,000 compared to $2,173,000 for the same period a year ago. Net loss was $2,420,000 compared to $2,349,000 for the same period a year ago. Basic and diluted loss per share was $0.18 compared to $0.18 for the same period a year ago.

For the six months, the company announced revenues of $30,791,000 compared to $34,623,000 for the same period a year ago. Loss from operations was $2,012,000 compared to $2,566,000 for the same period a year ago. Loss from operations before income taxes was $2,091,000 compared to $2,476,000 for the same period a year ago. Net loss was $2,065,000 compared to $2,728,000 for the same period a year ago. Basic and diluted loss per share was $0.16 compared to $0.21 for the same period a year ago.

For the third quarter of fiscal 2018, the company expects revenues of between $16.2 million and $17.2 million compared to revenues of $16.4 million in third quarter of fiscal 2017. The company expects the gross profit percentage in third quarter of fiscal 2018 of between 45.6% and 46.6% compared to 41.6% in third quarter of fiscal 2017. operating results of between a loss of $400,000 and a positive income of $600,000 compared with an operating loss of $500,000 in third quarter of fiscal 2017. Pretax results of between a loss of $500,000 and income -- positive income of $600,000 compared to a pretax loss of $800,000 in third quarter of fiscal 2017.

For the full fiscal year 2018, it is still the company's objective is to continue and improve profitability and achieve a positive income from operations for the full fiscal year.