Thursday, May 3, 2007

UPDATE 1-Valassis quarterly profit falls

(Reuters) - First-quarter net income fell to $11.2 million, or 23 cents a share, from $18.1 million, or 38 cents a share, in the first quarter a year ago.

Revenue rose 45.9 percent to $361.3 million, mostly because of the ADVO acquisition.


Read more at Reuters.com Market News

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