Global Education Communities Corp. reported earnings results for the third quarter and nine months ended May 31, 2024. For the third quarter, the company reported sales was CAD 3.56 million compared to CAD 4.97 million a year ago. Revenue was CAD 18.39 million compared to CAD 19.9 million a year ago. Net income was CAD 0.251 million compared to net loss of CAD 0.479 million a year ago.
For the nine months, sales was CAD 13.81 million compared to CAD 14.01 million a year ago. Revenue was CAD 58.07 million compared to CAD 55.36 million a year ago. Net income was CAD 2.82 million compared to net loss of CAD 3.28 million a year ago. Basic earnings per share from continuing operations was CAD 0.04 compared to basic loss per share from continuing operations of CAD 0.05 a year ago. Diluted earnings per share from continuing operations was CAD 0.04 compared to diluted loss per share from continuing operations of CAD 0.05 a year ago.