DeVry Inc. reports revenue increase

OAKBROOK TERRACE - DeVry Inc., a global provider of education services, reported today that in the three months ended June 30, revenues increased 18.9 percent to $276.8 million, compared with $232.8 million a year ago.

Operating income increased 72.5 percent to $30.9 million, compared to $18.0 million for the same period last year, the company said, and net income increased 54.0 percent to $24.6 million from $16.0 million in the same period last year.

For the full year, fiscal 2008 revenues increased 17.0 percent to more than $1 billion from $933.5 million last year, DeVry said. Operating income rose 58.7 percent to $162.3 million, compared with $102.3 million in 2007.