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

October 26, 2001

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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.

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