BofA/Merrill Lynch Downgrades Apollo Education (APOL) to Underperform

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Apollo Education Group, Inc. Reports Third Quarter Fiscal Year 2015 Results

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