Grand Canyon Education (LOPE) PT Lowered to $45 at Piper Jaffray; 'Overweight' Maintained

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Grand Canyon Education, Inc. Reports Fourth Quarter And Full Year 2015 Results

February 17, 2016 4:05 PM EST

PHOENIX, Feb. 17, 2016 /PRNewswire/ -- Grand Canyon Education, Inc. (NASDAQ: LOPE), a comprehensive regionally accredited university that offers approximately 200 graduate and undergraduate degree programs and certificates across eight colleges both online and on ground at our 200+ acre campus in Phoenix, Arizona, today announced financial results for the quarter and year ended December 31, 2015.

For the three months ended December 31, 2015:

Net revenue increased 13.7% to $216.0 million for the fourth quarter of 2015, compared to $190.0 million for the fourth quarter of 2014. End-of-period enrollment increased 9.9% to 74,506 at December 31, 2015, from 67,806 at December 31, 2014, as ground enrollment increased 19.2% to... More