Apollo Education Group (APOL) Misses Q2 EPS by 21c, Withdraws Prior Guidance

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Go back to Apollo Education Group (APOL) Misses Q2 EPS by 21c, Withdraws Prior Guidance

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

April 6, 2016 4:30 PM EDT

PHOENIX--(BUSINESS WIRE)-- Apollo Education Group, Inc. (NASDAQ: APOL) (Apollo or the Company) today reported financial results for the three and six months ended February 29, 2016, with second quarter revenue of $465.3 million and a $0.56 diluted loss per share from continuing operations, or a $0.31 loss per share excluding special items.

While we are facing significant industry and regulatory headwinds that have resulted in declining enrollment at University of Phoenix, we remain focused and committed to a transformational plan that will help the university improve student outcomes and compete more effectively over a long-term period, said Greg Cappelli,... More