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Non-Tech : Learning Tree International (LTRE) Leader in IT Training -- Ignore unavailable to you. Want to Upgrade?

To: Carmine Cammarosano who wrote (7)	8/16/1998 11:27:00 PM
From: Esa	Read Replies (1) \| Respond to of 11

Learning Tree Announces Increased Third Quarter Revenues and Profit LOS ANGELES--(BUSINESS WIRE)--Aug. 14, 1998--Learning Tree International, Inc. (NASDAQ NM:LTRE - news) today announced increased third quarter revenues and profit for the quarter which ended June 30, 1998. Revenues for the quarter ended June 30, 1998, increased 9% to $47.9 million from $43.9 million for the same quarter of the prior year. Income from operations for the quarter was $4.3 million versus $3.7 million for the same quarter for the prior year. Net income for the third quarter was $3.2 million versus $3.0 million for the same quarter for the prior year. Net income per share for the third quarter was $0.15 versus $0.14 for the same quarter for the prior year. For the nine-month period ended June 30, 1998, revenues increased 19% to $138.1 million from $115.7 million for the nine months ended June 30, 1997. Income from operations for the nine months ended June 30, 1998 was $8.2 million versus $11.7 million for the corresponding period of the prior year. Net income for the nine months ended June 30, 1998 was $6.6 million versus $9.3 million for the corresponding period of the prior year. Net income per share for the nine months ended June 30, 1998 was $0.30 compared to $0.42 for the corresponding period of the prior year. Learning Tree International is a leading worldwide provider of education and training for information technology (''IT'') professionals working in business and government organizations. The Company develops, markets and delivers a broad, proprietary library of instructor-led and CBT course titles focused on client/server systems, Internet/intranet technologies, wide and local area networks, operating systems, programming languages, database systems, graphical user interfaces, object-oriented technology and IT management. The Company also tests and certifies IT professionals, and the American Council on Education recommends its courses for college credit.