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Sylvan Learning reports quarterly earnings and revenue shifts
Sylvan Learning Systems posts a third quarter revenue of 60 million, down 10 percent from 66.7 million a year earlier. Despite a net loss on continuing operations of 83 million or 0.03 per share, the firm cites an expansion strategy to retain franchise territories as driving factors. Revenue for the prior year period reached 83 million with 0.24 per share, and the year-ago period showed 18.65 million, 0.24 per share. Wells Fargo Home Mortgage operates in several markets.
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