Pre-Paid Legal (PPD) Announces 2010 First Quarter Production Results

by louabbott on April 3, 2010

PPD’s New Sales Associates Enrolled: Up 58%; New Memberships Produced: Up 9%

But perhaps more importantly, “active membership base decreased by 22,666 memberships.”

ADA, Okla., April 1, 2010 — Pre-Paid Legal Services, Inc. (PPD) reported new sales associates enrolled and new memberships produced for the 2010 1st quarter. During the first quarter of 2010, new sales associates enrolled increased 58% to 37,640 from the 23,871 enrolled in the 1st quarter of 2009 and new memberships produced increased 9% to 134,181 during the 2010 quarter compared to 122,595 for the 2009 quarter.

On a sequential quarterly basis, new associates enrolled decreased 39%, new memberships produced decreased 9%, new membership fees written decreased 6% and our active membership base decreased by 22,666 memberships.

See MarketWatch PR for more of the details.

For more on Pre-Paid, see our Related Posts below.

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