Legacy Education Alliance, Inc. Reports Earnings Results for the Full Year Ended December 31, 2020
April 09, 2021 at 07:53 pm
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Legacy Education Alliance, Inc. announced earnings results for the full year ended December 31, 2020. For the full year, the company announced sales was USD 34.161 million compared to USD 75.496 million a year ago. Operating income was USD 18.534 million compared to USD 1.644 million a year ago. Net income was USD 16.009 million compared to USD 9.950 million a year ago. Basic earnings per share was USD 0.69 compared to USD 0.43 a year ago. Diluted earnings per share was USD 0.68 compared to USD 0.42 a year ago. Basic earnings per share from continuing operations was USD 0.69 compared to USD 0.14 a year ago. Diluted earnings per share from continuing operations was USD 0.68 compared to USD 0.14 a year ago.
Legacy Education Alliance, Inc. is a provider of practical and value-based educational training on the topics of personal finance, entrepreneurship, real estate, and financial markets, including investment strategies and techniques. Its programs are offered through a variety of formats and channels, including free workshops, basic trainings, forums, telephone mentoring, one-on-one mentoring, coaching, and e-learning. The Company marketed its products and services under the brand Building Wealth with Legacy. The Companyâs students pay for their courses in full up-front or through payment agreements with independent third parties. The Company also provides one-on-one mentoring (two to four days in length, on site or remotely) and telephone mentoring (10 to 16 weekly one-on-one or one-on-many telephone sessions). Its training programs include basic training courses (live and online), elite level training courses (live and online), and individualized mentoring programs.
LEGACY EDUCATION ALLIANCE, INC. 
