American Claims Evaluation, Inc. Reports First Quarter Results
12 August 2009 - 5:47PM
Business Wire
American Claims Evaluation, Inc. (the “Company”) (NASDAQ:AMCE)
announced revenues of $1,907,091 and a net loss of $39,770 ($.01
net loss per share) for the three months ended June 30, 2009 as
compared to a net loss of $171,140 ($.04 net loss per share) for
the three months ended June 30, 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 06/30/09 06/30/08 (Unaudited)
Revenues $ 1,907,091 $ - Operating loss from continuing
operations (44,137 ) (207,111 ) Loss before discontinued
operations (39,770 ) (165,312 ) Net loss $ (39,770 ) $
(171,140 ) Net loss per share: From continuing operations -
basic and diluted $ (0.01 ) $ (0.04 ) From discontinued operations
- basic and diluted $ - $ - Weighted average
shares – basic and diluted 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.
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