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The San Francisco company said its net income rose to $243 million, or 20 cents a share, in the three months ended March 31, from $6 million, or less than a penny a share, in the year-ago period. The 2010 quarter included a $126 million reserve for class action lawsuits.
Revenue climbed 23 percent to $1.21 billion from $978 million.
On average, analysts polled by FactSet expected earnings of 19 cents per share on $1.18 billion in revenue.”
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