National American University Holdings (NAUH) Swings to Q1 Loss

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National American University Holdings, Inc. Reports Fiscal 2016 First Quarter Results

September 30, 2015 4:05 PM EDT

RAPID CITY, SD -- (Marketwired) -- 09/30/15 -- National American University Holdings, Inc. (NASDAQ: NAUH)

Financial and Operational Highlights

Enrollment by headcount for the FY 2016 first quarter (summer 2015 term) decreased 18.0% over the prior-year period to 8,139 students as of August 31, 2015. FY 2016 first quarter total revenue was $24.6 million, compared to $29.3 million in the prior-year period. The Company's academic segment's revenue was $24.4 million in the FY 2016 first quarter, compared to $28.6 million in the prior-year period. FY 2016 first quarter net loss attributable to the Company was $1.3 million, compared to... More