Brief: Aspen Group Q1 Loss Per Share $0.11

Aspen

09/09/2019 22:17

Sept 9 (Reuters) - Aspen Group Inc  ASPU.O :
    * ASPEN GROUP REPORTS RECORD REVENUE OF $10.4 MILLION IN THE
FIRST
QUARTER FISCAL YEAR 2020, AN INCREASE OF 43% YEAR-OVER-YEAR
    * Q1 REVENUE $10.36 MILLION VERSUS REFINITIV IBES ESTIMATE
OF $10
MILLION
    * Q1 LOSS PER SHARE $0.11
    * Q1 EARNINGS PER SHARE ESTIMATE $-0.09 -- REFINITIV IBES
DATA
    * QTRLY BOOKINGS INCREASED 83% TO $26.9 MILLION
    * QTRLY NEW STUDENT ENROLLMENTS INCREASED TO 1,929 OR 46%
YEAR-OVER-YEAR
    * ON TRACK TO DELIVER ANNUAL REVENUE GROWTH OVER 34% IN
FISCAL
YEAR 2020
    * EXPECT COMPANY TO ACHIEVE POSITIVE ADJUSTED EBITDA IN
SECOND
FISCAL QUARTER AND FOR FORESEEABLE FUTURE.

Source text for Eikon:  ID:nGNX61jkq8 
Further company coverage:  ASPU.O 

 ((Reuters.Briefs@thomsonreuters.com;))