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Grand Canyon Education (LOPE) PT Raised to $53 at Piper Jaffray

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Grand Canyon Education, Inc. Reports Second Quarter 2016 Results

August 4, 2016 4:05 PM EDT

PHOENIX, Ariz., Aug. 4, 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 June 30, 2016.

For the three months ended June 30, 2016:

Net revenue increased 9.5% to $191.3 million for the second quarter of 2016, compared to $174.7 million for the second quarter of 2015. End-of-period enrollment increased 7.1% to 67,424 at June 30, 2016, from 62,935 at June 30, 2015, as ground enrollment... More