Bridgepoint Education (BPI) Tops Q2 EPS by 1c

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Bridgepoint Education Reports Second Quarter 2016 Results

August 2, 2016 4:15 PM EDT

SAN DIEGO, Aug. 2, 2016 /PRNewswire/ -- Bridgepoint Education (NYSE: BPI), a provider of postsecondary education services, today announced its results for the three and six months ended June 30, 2016.

Financial Results for the Three Months Ended June 30, 2016

Revenue for the three months ended June 30, 2016 was $138.0 million, compared with revenue of $147.1 million for the three months ended June 30, 2015.

Operating income for the three months ended June 30, 2016 was $3.4 million, compared with operating loss of $0.5 million for the three months ended June 30,... More