Grand Canyon Education (LOPE) Tops Q4 EPS by 3c

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Go back to Grand Canyon Education (LOPE) Tops Q4 EPS by 3c

Grand Canyon Education, Inc. Reports Fourth Quarter And Full Year 2016 Results

February 16, 2017 4:05 PM EST

PHOENIX, Feb. 16, 2017 /PRNewswire/ -- 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 over 260 acre campus in Phoenix, Arizona, today announced financial results for the quarter and year ended December 31, 2016.

For the three months ended December 31, 2016:

Net revenue increased 13.3% to $244.7 million for the fourth quarter of 2016, compared to $216.0 million for the fourth quarter of 2015. End-of-period enrollment increased 9.9% to 81,908 at December 31, 2016, from 74,506 at December 31, 2015, as ground enrollment increased 13.6%... More