Pre-Paid Legal Services (PPD) Announces 2009 2nd Quarter Membership Results
Pre-Paid Legal Services, Inc. (NYSE: PPD), reported new memberships produced and new sales associates enrolled for the 2009 second quarter. During the 2nd quarter of 2009, new sales associates enrolled decreased 3.6% compared to the second quarter of 2008. Memberships produced decreased by 9.1% while new membership fees written decreased by 9.3% and our active membership base decreased 3.9% compared to the comparable period of the previous year.
On a sequential quarterly basis, new associates enrolled increased 5.5%, new memberships produced decreased 0.3%, new membership fees written increased 2.5% and our active membership base decreased by 21,192 memberships.
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