Irvine’s National Education Corp. Posts 20% Gain in Earnings

National Education Corp., a major vocational and technical training school operator, posted a 20% gain in earnings for 1986 to $14.98 million from $12.5 million a year earlier. The Irvine-based company said its revenues totaled $247 million, up 35% from $183 million.

For the fourth quarter, the company recorded earnings of $6.1 million, a 32.6% increase from the $4.6 million reported for the like quarter last year. Revenues for the final quarter were $72 million, up 52% from $47.4 million a year earlier.

The company attributed much of its fourth-quarter and year-end gains to its Illinois-based Deltak subsidiary, which the NEC acquired in April as part of a $100-million deal to purchase two training program units from Gulf+Western Industries Inc.

Deltak primarily provides training in management information systems, a spokesman said.