ALJ Regional Holdings, Inc. (ALJJ) is a leading call center services provider along with various other services such as staffing and toll collection facilities for its customers. The company is also engaged in the manufacturing of book components along with other educational material decorated as per customers’ needs.
The price of ALJJ stock during the early trading on February 4, 2022, was last checked to be $2.14 with a gain of 14.75%.
ALJJ: Events and Happenings
On February 4, 2022, ALJJ and Lakeside Book Company co-reported about their entry into a definitive collaboration. The contract will give Lakeside the permit to acquire all the issued and outstanding shares of common stock of the company’s subsidiary. The deal is anticipated to complete during Q2 2022.
On December 22, 2021, ALJJ informed that one of its subsidiaries had signed a contract with TTEC Holdings, Inc. for the acquisition of its citizen experience and smart city possessions. On December 22, 2021, ALJJ was informed about its entry into a definitive contract with TTEC Holdings, to sell the tolling, conveyance, and health benefit exchange verticals of its subsidiary.
ALJJ: Key Financials
On December 20, 2021, ALJJ released its financial outcomes for the fourth quarter ended September 30, 2021. Some of the significant highlights are mentioned below.
Revenue
Consolidated net revenue reported in Q4 2021 was $111.7 million compared to $97.8 million in the same period of 2020. An increase of $13.9 million or 14% was observed over the period of the year.
EPS
Diluted net income per share from the continuing operations in Q4 2021 was $1.1 million or $0.03 compared to $1.2 million or $0.03 in the same quarter of 2020. The net income was decreased over the period of the year.
Conclusion
ALJJ stock is outperforming in the past as it recorded an increase of 68% from the past year. Despite the pandemic challenges, the company is still managing to gain accolades as its stock is rocketing in Friday’s early trading. The company’s stock is up after news about the definitive agreement between Lakeside book company and ALJJ.
