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Article: Value Line makes announcement.
- Article from:
- Business Wire
- Article date:
- August 11, 1995
CopyrightCOPYRIGHT 1995 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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NEW YORK--(BUSINESS WIRE)--August 11, 1995--Value Line Inc. (NASDAQ:VALU). Value Line Inc. reported earnings for the 12 months ended April 30, 1995, of $23,168,000, or $2.32 a share, compared with earnings of $28,902,000, or $2.90 a share, for fiscal 1994.
Earnings for the fourth quarter ended April 30, 1995, of $5,768,000, or $0.58 a share, compared with $3,401,000, or $0.34 per share, for the corresponding quarter of the previous year. Fiscal 1995 pre-tax earnings included $4,980,000 in realized capital losses on securities holdings, consistent with the company's tax-management strategy, and a $1,550,000 non-recurring charge incurred in support of one of its ...