Legacy Education Alliance, Inc. Reports Earnings Results for the Second Quarter Ended June 30, 2021
August 16, 2021 at 07:27 pm
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Legacy Education Alliance, Inc. announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was USD 3.362 million compared to USD 5.765 million a year ago. Operating income was USD 618,000 compared to USD 3.415 million a year ago. Net income was USD 362,000 compared to USD 3.803 million a year ago. Basic earnings per share was USD 0.01 compared to USD 0.16 a year ago. Basic earnings per share from continuing operations was USD 0.01 compared to USD 0.09 a year ago. For the half year, sales was USD 5.982 million compared to USD 14.125 million a year ago. Operating income was USD 1.748 million compared to USD 5.832 million a year ago. Net income was USD 615,000 compared to USD 6.836 million a year ago. Basic earnings per share was USD 0.02 compared to USD 0.3 a year ago. Diluted earnings per share was USD 0.02 compared to USD 0.29 a year ago. Basic earnings per share from continuing operations was USD 0.02 compared to USD 0.21 a year ago. Diluted earnings per share from continuing operations was USD 0.02 compared to USD 0.2 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. 
