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AmeriCredit 2Q Earnings Climb 34 Percent
January 24, 2006
Auto-loan provider AmeriCredit Corp. said Monday its fiscal second-quarter earnings rose 34 percent as loan purchases increased, and the company raised its 2006 guidance.
Net income grew to $86.6 million, or 59 cents per share, from $64.6 million, or 39 cents per share, a year ago. Revenue rose 30 percent to $448.1 million from $344.8 million last year.
For this complete story, please visit http://biz.yahoo.com/ap/060123/earns_americredit.html?.v=1.
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