American Claims Evaluation, Inc. (the “Company”) AMCE announced revenues of $1,734,379 and a net loss of $266,512 ($.06 net loss per share) for the three months ended December 31, 2009. By comparison, the Company reported revenues of $1,439,638 and a net loss of $221,344 ($.05 net loss per share) for the three months ended December 31, 2008.
During the fiscal year ended March 31, 2009, the Company acquired all of the issued and outstanding shares of Interactive Therapy Group Consultants, Inc. and also completed the disposition of its wholly-owned subsidiary, RPM Rehabilitation & Associates, Inc. (“RPM”). Accordingly, all results related to RPM have been reflected as discontinued operations.
Three Months Ended | Nine Months Ended | |||||||||||||||||
12/31/09 | 12/31/08 | 12/31/09 | 12/31/08 | |||||||||||||||
(Unaudited) | (Unaudited) | |||||||||||||||||
Revenues | $ | 1,734,379 | $ | 1,439,638 | $ | 4,959,375 | $ | 1,687,328 | ||||||||||
Operating loss from continuing operations | (267,411 | ) | (247,918 | ) | (666,525 | ) | (637,173 | ) | ||||||||||
Loss before discontinued operations | (266,512 | ) | (221,344 | ) | (659,790 | ) | (533,153 | ) | ||||||||||
Net loss | $ | (266,512 | ) | $ | (221,344 | ) | $ | (659,790 | ) | $ | (444,636 | ) | ||||||
Net earnings (loss) per share: | ||||||||||||||||||
From continuing operations - basic | ||||||||||||||||||
and diluted | $ | (0.06 | ) | $ | (0.05 | ) | $ | (0.14 | ) | $ | (0.11 | ) | ||||||
From discontinued operations - basic | ||||||||||||||||||
and diluted | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.02 | ||||||||||
Weighted average shares – | ||||||||||||||||||
basic and diluted | 4,754,900 | 4,761,800 | 4,754,900 | 4,761,800 | ||||||||||||||
American Claims Evaluation, Inc., through its wholly owned subsidiary, Interactive Therapy Group Consultants, Inc., offers a comprehensive range of services to children with developmental delays and disabilities.
American Claims Evaluation, Inc.
Gary J. Knauer, 516-938-8000
Chief
Financial Officer
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.