Assisted Living earnings increase 25%
Assisted Living Concepts Inc. posted stronger earnings on a small increase in revenue for fourth quarter and for 2010. The Menomonee Falls operator of senior living residences said Friday fourth-quarter net income increased 25% to $5.41 million, or 46 cents a share, from $4.33 million, or 37 cents, a year earlier. Revenue increased 1.2% to $58.4 million from $57.7 million. (MILWAUKEE JOURNAL SENTINEL)
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