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Career Education (CECO) Tops Q3 EPS by 8c

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Career Education Corporation Reports Results for Third Quarter 2016

November 3, 2016 4:09 PM EDT

Operating income for the University Group improved for the current quarter as compared to the prior year quarter

SCHAUMBURG, Ill.--(BUSINESS WIRE)-- Career Education Corporation (NASDAQ: CECO) today reported operating and financial results for the third quarter and year to date ended September 30, 2016.

Third Quarter Consolidated Results:

Revenue of $167.6 million for the quarter as compared to $203.5 million in the prior year quarter, with the decline driven by teach-out campuses Net loss of $0.7 million compared to prior year quarter net loss of... More