Varsity Group Inc.: Varsity Group Inc. Reports Third Quarter Results
14th Nov 2006, 22:00 GMT
WASHINGTON, DC (MARKET WIRE) Varsity Group Inc. (NASDAQ: VSTY) today reported its financial results for the third quarter of 2006. Revenues for the three months ended September 30, 2006 were $47.2 million, a 9.6% increase from revenues of $43.0 million for the same period in 2005. Pre-tax income was $2.4 million, a 64.6% decrease from the pre-tax income of $6.9 million recorded for the third quarter of 2005. Revenue growth was
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