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Corinthian Posts Net Income and Revenue Gains

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Corinthian Colleges Inc., Santa Ana operator of private, for-profit colleges, reported that second quarter net income climbed to $1.5 million, or 19 cents a share, from $712,000, or 10 cents a share, for the year-earlier period. Revenue for the quarter ended Dec. 31 increased 25% to $33 million from $26.4 million.

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