Retailer Conn's Inc CONN released financial results on Thursday morning that beat Wall Street estimates.
Conn's Inc reported that its fiscal 2011 1st quarter net income fell to $5.5 million, or 25 cents per share, down from $11.4 million, or 50 cents per share, a year earlier.
Revenue fell 17.7% to $197.5 million, down from $239.8 million a year earlier.
According to a poll of analysts by Thomson Reuters, the average Wall Street estimate called for earnings of 20cents per share.
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