Corinthian Colleges, Inc. (COCO) Announces Second Quarter Fiscal 2008; Appoints New Board of Directors Member
Corinthian Colleges, Inc. (COCO) is one of the largest post-secondary education companies in North America. The company’s mission is to prepare students for careers in demand or for advancement in their chosen field. Corinthian offers diploma programs and associate’s, bachelor’s, and master’s degrees in a variety of occupational areas such as healthcare, business, criminal justice, transportation technology, maintenance, construction trades and information technology. Comparing the second quarter of fiscal 2008 with the same quarter of the prior year, net revenue was $272.6M versus $235.1M, an increase of 15.9%. Operating income was $14.7 million, compared with $4.5 million. Second quarter of…