Grand Canyon Education (LOPE) Tops Q1 EPS by 4c
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Grand Canyon Education, Inc. Reports First Quarter 2016 Results
May 9, 2016 4:05 PM EDTPHOENIX, May 9, 2016 /PRNewswire/ --Â Grand Canyon Education, Inc. (NASDAQ: LOPE), a comprehensive regionally accredited university that offers over 200 graduate and undergraduate degree programs and certificates across nine colleges both online and on ground at its approximately 250-acre campus in Phoenix, Arizona, today announced financial results for the quarter ended March 31, 2016.
For the three months ended March 31, 2016:
Net revenue increased 16.9% to $227.0 million for the first quarter of 2016, compared to $194.1 million for the first quarter of 2015. End-of-period enrollment increased 8.0% to 75,096 at March 31, 2016, from 69,552 at March 31, 2015, as ground enrollment increased 17.0% to 14,158 at... More