National American University Holdings (NAUH) Reports Q1 Loss of $0.09/Share

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National American University Holdings, Inc. Reports Fiscal 2017 First Quarter Results

September 28, 2016 4:05 PM EDT

Company to host conference call on September 29, 2016, at 11:00 a.m. ET

Financial and Operational Highlights

During the FY 2017 first quarter, combined enrollment in continuing education/workforce development, graduate, and doctoral programs increased 48.5% from the FY 2016 first quarter. Enrollment by total headcount for the FY 2017 first quarter (summer 2017 term) decreased 16.1% from the prior-year period, to 6,832 students as of August 31, 2016.Balance sheet at August 31, 2016, included cash and cash equivalents and investments of $20.8 million; taxes receivable of $3.8 million, working capital of $19.1 million; no outstanding lending debt; and stockholders... More