The company said it made $348,536 or four cents a share in net income for the quarter, compared to a loss of $1.7 million for the same period in 2000. Net income through three quarters is $1.5 million or 19 cents a share. The company did not release revenues.
Littlefield's accounting firm has not reviewed the figures, the company said. Changes, if any, will be noted in its quarterly filing with the Securities and Exchange Commission. It will conduct a conference call Friday to discuss the results.
Jeffrey Minch, the company's president, said in a prepared statement that Littlefield has posted three straight profitable quarters and will be profitable for the year "the first year in some considerable time" that it has done so.
The company operates charitable bingo halls in the United States and has real estate and hospitality operations. Its shares opened today at $1.98 on the Nasdaq market.
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