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Article: CHILDTIME LEARNING CENTERS REPORTS RECORD FINANCIAL RESULTS FOR THIRD QUARTER
- Article from:
- PR Newswire
- Article date:
- March 7, 1996
CopyrightCOPYRIGHT 1996 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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FARMINGTON HILLS, Mich., March 7 /PRNewswire/ -- Childtime Learning Centers (Nasdaq: CTIM) today announced record financial results for its third quarter and 40-week period which ended January 5, 1996.
The company reported revenues of $15,051,822, a 21% increase compared to $12,475,640 for last year's third quarter, and operating income of $1,107,005, a 21% increase compared to $915,709 during the third quarter of 1995. Pro forma net earnings per share were $0.14, compared with $0.11 per share a year earlier.
Forty week revenues were $49,001,754, a 19% increase compared to $41,275,457 at the end of the third quarter in 1995. The company reported operating ...