No tutoring company left behind . . .
EDUCATE, INC. ANNOUNCES STRONG FIRST QUARTER RESULTS EXCEEDING CONSENSUS
ESTIMATE
PRNewswire -- April 28, 2005
Baltimore -- Educate, Inc., a leading pre-K through 12 education
services company delivering tutoring and high quality supplemental
education services to families and schools, today reported financial
results for the first quarter of 2005.
Financial Highlights for the Quarter Ended March 31, 2005:
* Revenues were $98.3 million, up 20% from $82.2 million generated in the
first quarter of 2004.
* Learning Center same territory revenue growth increased to 5% for the
quarter.
* Operating income was $13.8 million, a 25% increase over $11.0 million
reported in the first quarter of 2004.
* Operating margins increased to 14.0% from 13.4%.
* Earnings per share were $.17 per share for the first quarter, a 31%
increase from the first quarter of 2004.
More financial details at:
http://biz.yahoo.com/prnews/050428/nyth085.html?.v=6 Did you know Neil Bush has his own education software firm and the materials are PUSHED to school districts here in Texas very firmly?