Valassis reported net earnings of $25.5 million for the second quarter, off 4.9% from $26.8 million last year.
The direct marketing services firm reported revenue of $276.4 million for the quarter ended June 30, up 7.7% from $256.8 million last year.
“We are pleased with our first half performance and the positive trends in our business which have contributed to the raising of our earnings per share guidance for 2005,” said CEO Alan F. Schultz in a statement.
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