BofA/Merrill Lynch Downgrades Apollo Education (APOL) to Underperform
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June 29, 2015 4:05 PM EDT
PHOENIX--(BUSINESS WIRE)--
Apollo Education Group, Inc. (NASDAQ: APOL) today reported financial
results for the three and nine months ended May 31, 2015, with third
quarter revenue of $681.5 million and diluted earnings per share of
$0.44, or $0.53 excluding special items.
At Apollo Education Group, we are building a diversified global network
committed to academic excellence and strong student support, as we work
to change lives through higher education, said Greg Cappelli, Chief
Executive Officer, Apollo Education Group. In a time of transformation,
University of Phoenix, our largest subsidiary, is working to become a
more focused, higher retaining... More
