Burger King's profit rises, increases late-night hours

MIAMI Burger King Holdings Inc., parent to 11,200 Burger King restaurants worldwide, swung to a third-quarter profit from a year-ago net loss on the strength of its breakfast value menu and increased unit openings, the company said Friday.

For the quarter ended March 31, net income totaled $34 million, or 25 cents per share, compared with a loss of $12 million, or 11 cents per share, a year earlier. Corporate revenue rose 9 percent to $539 million.

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