NEW YORK, Nov. 12, 2014 /PRNewswire/ -- For the quarter ended September 30, 2014, ALJ Regional Holdings, Inc. (Pink Sheets: ALJJ) expects revenue from its Faneuil subsidiary to be in the range of $34.3 million to $36.1 million as compared to revenue of $35.0 million for the quarter ended June 30, 2014. Comparable year-over-year revenue is not available as ALJJ did not own Faneuil in the year ago quarter.
For the quarter ended September 30, 2014, ALJJ expects revenue from its Carpets subsidiary to be in the range of $8.1 million to $8.5 million as compared to revenue of $8.3 million for the quarter ended June 30, 2014. Comparable year-over-year revenue is not available as ALJJ did not own Carpets in the year ago quarter.
Complete detailed results will be issued following completion of the annual audit near calendar year-end.
ALJ Regional Holdings, Inc. is the parent company of Faneuil, Inc., a leading provider of outsourcing and co-sourced services to both commercial and government entities in the healthcare, utility, toll and transportation industries and Floors-N-More, LLC, dba Carpets N' More, one of the largest floor covering retailers in Las Vegas and a provider of multiple finishing products for commercial, retail and home builder markets including all types of flooring, countertops, cabinets, window coverings and garage/closet organizers, with 5 retail locations.
This press release contains forward-looking statements that are subject to change. In particular, the company's estimated results are subject to completion of the Company's closing process and the results of its audits. In addition, the company's operations and results are subject to a number of risks that are detailed in the company's most recent Quarterly Report published on PinkSheets.com.
SOURCE ALJ Regional Holdings, Inc.