Revenues Up 42%, Operating Profits Rise 52%, on Strong Enrollment Growth and Expense Control, for Corinthian Colleges’ First Fiscal 2002 Quarter

Corinthian Colleges, Inc. (Nasdaq: COCO – news) today reported that, fueled by strong enrollment growth, revenues for the first quarter of fiscal 2002 improved 42.3% to a record $73.7 million, up from $51.8 million for the first quarter of last year.