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Article: Value Line, Inc. reports record revenues and earnings for fiscal year ended April 30, 1987.
- Article from:
- PR Newswire
- Article date:
- July 29, 1987
CopyrightCOPYRIGHT 1987 PR Newswire Association LLC. 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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VALUE LINE, INC. REPORTS RECORD REVENUES AND EARNINGS
FOR FISCAL YEAR ENDED APRIL 30, 1987NGS
NEW YORK, July 29 /PRNewswire/ -- Value Line, Inc. (NASDAQ:VALU), a major investment advisory and money management firm and publisher of the nation's largest independent investment advisory service, reported today record earnings for the fiscal year ended April 30, 1987 or $1.52 per share, up 48 percent from $1.03 a year earlier.
Operating revenues in fiscal 1987 were a record high of $69,810,000 compared to $56,854,000 a year earlier, an increase of 23 percent.
Operating profits were $24,508,000, up 42 percent from ...