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Genworth Revenue Flat But Income Up

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Genworth Financial Inc. reports net earnings of $334 million on revenues of $2.63 billion for the first quarter, up from $322 million on revenues of about $2.61 billion in the first quarter of 2005.

Genworth, Richmond, Va., says protection product sales in the period increased to $579 million from $578 million a year earlier, while retirement income and investment sales grew from $1.6 billion to almost $2.2 billion in the same period.