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Rockford Earnings

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Rockford Industries Inc. said it has revised its second- and third-quarter earnings downward to reflect higher costs on lease sales.

Net income for the second quarter, as restated, was $754,000, down 19% from the $930,000 reported earlier. Net income for the third quarter was reduced 23% to $752,000 from the reported $972,000.

The company provides financing for medical and medical-related equipment for physicians, dentists, chiropractors and optometrists, among others.

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