New York - Value Line, Inc., reported results for its fiscal year ended April 30, 2010.  For the twelve months ended April 30, 2010, the Company's net loss of $23,188,000 or $2.32 per share was $46,141,000 below net income of $22,953,000 or $2.30 per share for the twelve months ended April 30, 2009.  Net income for the fourth quarter ended April 30, 2010 of $2,445,000 or $0.25 per share was $1,172,000 or 32% below net income of $3,617,000 or $0.36 per share for the fourth quarter of the prior fiscal year. The operating loss, including the SEC Settlement expense, was $32,190,000 for the twelve months ended April 30, 2010, which was $56,413,000 below the operating income of $24,223,000 last fiscal year. The operating loss and net loss of the Company were a result of the Company recording a provision of $48,106,000 related to the SEC Settlement.  Excluding the provision for the SEC Settlement and a one-time charge of $727,000 for the write down of development software, operating income for the twelve months ended April 30, 2010 of $16,243,000 was $7,580,000 or 31% below last fiscal year.  Operating income of $2,578,000 for the fourth quarter ended April 30, 2010 was $3,294,000 or 56% below operating income of $5,872,000 for the fourth quarter of the prior fiscal year.  Inclusive of the $48,106,000 provision for the SEC Settlement, the write down of development software, and payment of a special $3 per share common stock dividend, shareholders' equity of $21,448,000 at April 30, 2010 was 74% lower than shareholders' equity of $80,869,000 at April 30, 2009.

On July 15, 2010 the Board of Directors of Value Line, Inc. declared a quarterly dividend of $0.20 per share to shareholders of record as of July 30, 2010 to be paid on August 12, 2010.