TITLE

Educate First-Half Revenue Up as Most Business Areas Improve

PUB. DATE
August 2006
SOURCE
Electronic Education Report;8/11/2006, Vol. 13 Issue 15, p3
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the financial performance of Educate Inc., a U.S. pre-Kindergarten-12 education service company, for the first half of 2006. The company's second-quarter revenue was recorded at $102.5 million, an increase of 10.5% from the same quarter in 2005. Its first half revenue reached at $195.4 million, a gain of 11.5% from first half of 2005. Meanwhile, its operating income for the second quarter was $13 million, a decline of 41.8% from last year's second quarter, and $18.9 million for the first half, a decline of 45.9% from the same term in 2005.
ACCESSION #
21984418

 

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