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Article: Value Line, Inc. Announces Earnings.
- Article from:
- Business Wire
- Article date:
- July 16, 2001
CopyrightCOPYRIGHT 2001 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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Business Editors
NEW YORK--(BUSINESS WIRE)--July 16, 2001
NASDAQ - Value Line, Inc., (VALU) reported record high revenues for the twelve months ended April 30, 2001, in spite of a 47% decline in the NASDAQ equity market index during the Company's 2001 fiscal year.
Operating income for the fourth quarter of $10,307,000 was the second highest in Value Line's history while operating income of $37,811,000 for the entire fiscal year 2001 was the third highest. Operating income for both the fourth quarter and fiscal year 2001 exceeded the prior year's operating income by 12% and 4%, respectively. Net earnings of $24,091,000 or $2.41 per share for the ...