Princeton Review Moves Down Its Turnaround Path with Some Q1 Improvement

June 2008
Educational Marketer;6/9/2008, Vol. 39 Issue 12, p1
Trade Publication
The article reports on the revenue increase of the Princeton Review Inc.'s Test Prep by 11 percent and SES Services by 102.3 percent in the first quarter of 2008. According to Princeton Review Inc. chief executive officer (CEO) Michael Perik, a restructuring charge of 400,000 dollars in the first quarter is expected to jump in the second quarter to a 2.5 million dollars. He also notes that the increase is a good contributor to the profitability of the company.


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