Apollo Education Group (APOL) Misses Q1 EPS by 2c

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Apollo Education Group, Inc. Reports First Quarter Fiscal Year 2016 Results

January 11, 2016 7:30 AM EST

PHOENIX--(BUSINESS WIRE)-- Apollo Education Group, Inc. (NASDAQ: APOL) (Apollo or the Company) today reported financial results for the three months ended November 30, 2015, with first quarter revenue of $586.0 million and a $0.53 diluted loss per share from continuing operations, or $0.29 earnings per share excluding special items.

Apollo is taking the necessary steps to enhance long-term shareholder value through a series of strategic actions which include transforming University of Phoenix into a higher retaining, more trusted provider of career relevant higher education, continued expansion of our international network, and a commitment to efficiency, said Greg Cappelli, Chief... More

Apollo Education Group, Inc. Explores Strategic Alternatives

January 11, 2016 7:10 AM EST

PHOENIX--(BUSINESS WIRE)-- Apollo Education Group, Inc. (Nasdaq: APOL) announced today that the Board of Directors has made the determination to explore strategic alternatives while the Company continues to execute its ongoing business transformation. The Board is currently in discussions that could potentially lead to a change of control of the Company. The Board believes that these actions will support and accelerate Apollos strategic initiatives, which include the continued growth and investment in Apollo Global and the continuation of the University of Phoenixs transformation plan to further enhance student outcomes and provide... More