Aug. 10, 2010 (Business Wire) -- TriPoint Global Research Senior Analyst Sally Wallick, CFA, reiterates the Market Outperform rating on Peoples Educational Holdings, Inc. (Nasdaq: PEDH) shares. Peoples Educational Holdings reported flat 4Q FY10 revenue year-over-year and a loss of $0.02 per share, compared with a $0.28 per share loss in the prior-year quarter. For all of FY10, Peoples’ revenue declined 5% to $34.9 million, and net income was $251,000 or a $0.06 per share profit, versus a net loss of $1.1 million or a $0.25 per share loss in fiscal 2009.
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About Peoples Educational Holdings, Inc.:
Peoples Educational Holdings, Inc. develops, distributes and markets proprietary supplementary materials for the elementary and secondary (K-12) market, and distributes other publishers' products for the college preparation and literacy markets.
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TriPoint Global Research, LLC is an independent investment research firm. Its senior analysts are primarily CFAs, and have expertise in many industries. A TriPoint Global Research, LLC research report or note is not intended as an offering or a solicitation of an offer to buy or sell the securities mentioned or discussed. Neither the firm, its principals nor the assigned analysts own or trade shares of any company covered. The firm does not accept any equity compensation. Anyone may enroll a company for research coverage, which currently costs US $30,000 prepaid for three research reports, typically published quarterly, and requisite research notes. TriPoint Global Research, LLC received $30,000 from the company for three research reports with coverage commencing on October 17, 2009.
TriPoint Global Research, LLC
Richard W. West, Director of
Research, 917-418-2038
Thomas Bostic Smith, Director of Corporate
Development, 630-789-2048
or
Peoples Educational Holdings Inc.
Michael
DeMarco, 201-712-0090
