Bridgepoint Education (BPI) Misses Q3 EPS by 12c
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Bridgepoint Education (NYSE: BPI) reported Q3 EPS of $0.56, $0.12 worse than the analyst estimate of $0.68 and down from $0.78 last year. Revenue for the quarter came in at $252.1 million versus the consensus estimate of $257.94 million and $242.8 million last year.
As of September 30, 2012, the Company had cash, cash equivalents and marketable securities of $471.4 million, compared with $407.2 million as of December 31, 2011. The Company generated $93.6 million of cash from operating activities for the nine months ended September 30, 2012, compared with $148.7 million for the same period in 2011.
For earnings history and earnings-related data on Bridgepoint Education (BPI) click here.
As of September 30, 2012, the Company had cash, cash equivalents and marketable securities of $471.4 million, compared with $407.2 million as of December 31, 2011. The Company generated $93.6 million of cash from operating activities for the nine months ended September 30, 2012, compared with $148.7 million for the same period in 2011.
For earnings history and earnings-related data on Bridgepoint Education (BPI) click here.
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