Grand Canyon Education (LOPE) Tops Q3 EPS by 2c; Issues Solid Outlook

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Go back to Grand Canyon Education (LOPE) Tops Q3 EPS by 2c; Issues Solid Outlook

Grand Canyon Education, Inc. Reports Third Quarter 2016 Results

November 2, 2016 4:05 PM EDT

PHOENIX, Nov. 2, 2016 /PRNewswire/ -- Grand Canyon Education, Inc. (NASDAQ: LOPE), a comprehensive regionally accredited university that offers over 200 graduate and undergraduate degree programs and certificates across nine colleges both online and on ground at its over 250-acre campus in Phoenix, Arizona, today announced financial results for the quarter ended September 30, 2016.

For the three months ended September 30, 2016:

Net revenue increased 8.8% to $210.4 million for the third quarter of 2016, compared to $193.4 million for the third quarter of 2015. End-of-period enrollment increased 9.8% to 82,422 at September 30, 2016, from 75,073 at September 30, 2015, as ground enrollment increased 12.4% to 17,384 at September... More