Barrington Research Expects Archipelago Non-GAAP EPS of $0.07

Barrington Research expexts Archipelago Learning, Inc.

to post a non-GAAP EPS of $0.07 on upcoming 3Q11 results. Rating on ARCL remains at Outperform. According to Barrington Research, “Our estimates call for third quarter revenue of $17.7 million (+14.5%), EBITDA of $4.4 million (24.9% margin vs. 18.4% in Q3/10), non-GAAP EPS of $0.07 and GAAP EPS of $0.05 versus $0.01 in Q3/10. The FactSet consensus (six estimates) calls for Q3/11 revenue of $17.9 million (+15.7%), EBITDA of $3.88 million (21.7% margin); non-GAAP EPS of $0.04 and GAAP EPS of $0.04.” ARCL closed at $9.65 on Monday.