Career Education (CECO) Tops Q2 EPS by 19c

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Go back to Career Education (CECO) Tops Q2 EPS by 19c

Career Education Corporation Reports Results for the Second Quarter 2015

August 6, 2015 4:15 PM EDT

University Group Operating Income Increases 50% and Strategic Transformation Continues to Position the Company for Long-Term Success

SCHAUMBURG, Ill.--(BUSINESS WIRE)-- Career Education Corporation (NASDAQ: CECO) today reported operating and financial results for the second quarter of 2015.

Business Highlights:

Increased University Group revenue by 2.6 percent year-over-year to $138.2 million, driven by increased total enrollments Increased University Group operating income by 50.0 percent year-over-year to $29.4 million, driven by ongoing cost discipline and modest total student enrollment growth 2015 operating expenses for... More