Pre-paid Legal Earnings Drop by 14%

November 2, 2007 by Ty | 0 Comments

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Pre-Paid Legal Services, Inc. (PPD) said Monday that third quarter earnings fell 14% from last year, mainly due to higher commission payments as well as associate services and direct marketing expenses.The ADA, Oklahoma-based legal services provider reported net income for the third quarter of $11.6 million or $0.88 per share, compared to $13.4 million or $0.93 per share for the year-ago quarter.

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