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<title>aktiencheck.de - Forum - Corinthian Colleges</title>
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<title>COCO macht Euch poco loco :-)</title>
<link>http://www.aktiencheck.de/forum/COCO_macht_Euch_poco_loco-918869-t418941</link>
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<description>Corinthian Colleges moves to 2Q profit, Corinthian Colleges moves to 2Q profit

ANTA ANA, Calif. (AP) -- Corinthian Colleges Inc. said Wednesday that it returned to a profit in its fiscal second quarter as it slashed expenses in the face of slowing enrollment.

The results trumped Wall Street's expectations, and the company's shares rose more than 30 percent in morning trading.

Corinthian, which operates campuses under the names Everest, Heald and WyoTech, reported net income of $1.8 million, or 2 cents a share, for the three months that ended Dec. 31. That compares with a loss of $163.7 million, or $1.94 a share, a year earlier, when it reported $206 million in severance charges.

Excluding severance costs and other one-time items from both this year's second quarter and last year's, Corinthian's earnings amounted to 4 cents a share, compared with adjusted earnings of 23 cents per share in the second quarter last year, the company said.

Analysts polled by FactSet expected adjusted e [&lt;a href=&#034;http://www.aktiencheck.de/forum/COCO_macht_Euch_poco_loco-918869-t418941&#034;&gt;mehr&lt;/a&gt;]</description>
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