American Claims Evaluation, Inc. Reports Third Quarter Results
10 Februar 2010 - 3:56PM
Business Wire
American Claims Evaluation, Inc. (the “Company”) (NASDAQ: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.
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