Plato Learning (TUTR) Reports Q3 EPS of $0.01
Plato Learning, Inc. (Nasdaq: TUTR) reported Q3 EPS of $0.01, versus a loss of $0.09 last year. Revenues fell to $16.7 million, from $18.6 million in the third quarter of 2008. Subscription orders grew 33% to $23.5 million compared to $17.7 million in the prior year quarter. Total orders for the quarter grew 13% to $31.2 million.
Plato Learning now expects fiscal year 2009 subscription order growth to be in the range of 25% to 30%, versus growth in the mid-teens as previously expected.
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