Washington Post (WPO: chart) said its quarterly income climbed to $66.6 million, or $6.87. Revenue grew 10% to $833.9 million versus $759 million a year earlier, fueled by a 26% growth in Kaplan's revenue to $325.4 million vs. a year earlier.

Newspaper publishing revenue gained 6% to $233 million versus last year, due to a 2% growth in print advertising revenue at The Washington Post to $145.7 million. Daily circulation at the Post slid 3.8% while Sunday circulation dropped 3.1%.

Revenues from magazine publishing declined 17% and the division posted a loss of $5.2 million compared with profits of $6.8 million a year earlier on a decline in ad pages at Newsweek. Analysts forecast EPS of $7.24 on revenue of $830 million.

The broadcaster Cox Radio, Inc. (CXR: chart) reported 1Q net income of $13.8 million, or 14 cents a share, up 24% vs. $11.1 million, or 11 cents a share, a year earlier. Revenue climbed 6% to $98.6 million, higher than expected. Analysts forecast earnings of 12 cents a share and revenue of $95.8 million. The company projected 2Q revenue growth in the low single digits.

The world's largest company by market value General Electric Co. (GE: chart) on Friday said it was restating earnings from 2001 through 1Q of 2005 after an internal audit found that its accounting for certain currency and interest rate derivatives did not comply with accounting standards. GE said the restatement lowered 2005 first-quarter earnings by $78 million, or 1 cent per share, to 37 cents per share.

GE also boosted its guidance for 2Q earnings on strong orders and the sale of an insurance business, and its shares climbed in morning trade.

The Leather Factory, Inc. (TLF: chart) today posted its results for 1Q of 2005. Net income for the quarter ended March 31, 2005 was $1.0 million, an 8% jump vs. $971,000 for 1Q of 2004. Fully-diluted EPS for the quarter climbed to $0.10 from $0.09 in 1Q of 2004. Total sales totaled $12.7 million, up 4% vs. $12.2 million in the same quarter a year ago. Consolidated gross profit margins for 1Q improved to 56.3% versus 55.2% a year earlier.

Castelle (CSTL: chart) announced financial results for 1Q ended March 31, 2005. Sales for the first quarter of 2005 were $2.59 million, up 2% vs. $2.54 million in 1Q of 2004. Net income was $135,000, or $0.03 per fully diluted share, versus $129,000, also $0.03 per fully diluted share, a year earlier. Castelle's gross profit in the latest quarter was $1.78 million versus $1.70 million in the first quarter of last year.

Wild Oats Markets Inc. (OATS: chart), a natural and organic foods retailer, posted a loss of $1.2 million, or 4 cents per share, versus net income of $2.1 million, or 7 cents per share, in the previous year. Net sales climbed 5% to $278.1 million vs. $263.8 million in 2004. Analysts expected the company to post a 5 cent loss on revenue of $280.4 million.

Wild Oats reported gross profit of $80.3 million, a 3.7% jump vs. $77.4 million in the same period a year earlier. Gross margin was 28.9% vs. 29.3% a year ago.

Wild Oats boosted its second-quarter comparable store sales outlook to 3% to 4%. For full-year the company expects earnings to be in the range of flat to 3 cents per share and projects earnings before interest, taxes, depreciation, and amortization, or ebitda, to be $35 million to $36 million.

The Chicago-based provider of e-commerce software Click Commerce (CKCM: chart) reported earnings of $2.6 million, or 23 cents a share, for 1Q, up vs. its year-earlier profit of $851,000, or 10 cents a share.

Cable company Mediacom Communications Corp. (MCCC: chart) posted a 1Q net loss that narrowed to $841,000 vs. $5.7 million, or 5 cents a share, in the year-ago quarter. The results beat the average forecast for a loss of 4 cents a share. Revenue for the period jumped 1.1% to $266.2 million vs. a year earlier.