Apollo Education Group (APOL) Misses Q4 EPS by 1c; Guides FY16 Revenue Below Expectations

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Go back to Apollo Education Group (APOL) Misses Q4 EPS by 1c; Guides FY16 Revenue Below Expectations

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

October 22, 2015 7:30 AM EDT

PHOENIX--(BUSINESS WIRE)-- Apollo Education Group, Inc. (NASDAQ: APOL) today reported financial results for the three months and fiscal year ended August 31, 2015, with fourth quarter revenue of $600.3 million and a $0.09 diluted loss per share from continuing operations, or $0.17 earnings per share excluding special items.

Despite the difficult environment, we are executing on the dramatic steps we announced last quarter for the University of Phoenix to become a more focused, higher retaining and less complex institution, said Greg Cappelli, Chief Executive Officer, Apollo Education Group. We have also made progress on our diversification strategy... More