Legacy Education Alliance, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2021
May 17, 2021 at 01:59 pm EDT
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Legacy Education Alliance, Inc. announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was USD 2.620 million compared to USD 8.360 million a year ago. Operating income was USD 1.130 million compared to USD 2.418 million a year ago. Net income was USD 253,000 compared to USD 3.033 million a year ago. Basic earnings per share was USD 0.01 compared to USD 0.13 a year ago. Basic eps - continuing operations was USD 0 compared to USD 0.11 a year ago.
Legacy Education Alliance, Inc. is a provider of practical and value-based educational training on the topics of personal finance, entrepreneurship, real estate, and financial markets, including investment strategies and techniques. Its programs are offered through a variety of formats and channels, including free workshops, basic trainings, forums, telephone mentoring, one-on-one mentoring, coaching, and e-learning. The Company marketed its products and services under the brand Building Wealth with Legacy. The Companyâs students pay for their courses in full up-front or through payment agreements with independent third parties. The Company also provides one-on-one mentoring (two to four days in length, on site or remotely) and telephone mentoring (10 to 16 weekly one-on-one or one-on-many telephone sessions). Its training programs include basic training courses (live and online), elite level training courses (live and online), and individualized mentoring programs.
LEGACY EDUCATION ALLIANCE, INC. 