Grand Canyon Education (LOPE) Tops Q1 EPS by 15c

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Grand Canyon Education, Inc. Reports First Quarter 2017 Results

May 4, 2017 4:05 PM EDT

PHOENIX, May 4, 2017 /PRNewswire/ -- Grand Canyon Education, Inc. (NASDAQ: LOPE), a comprehensive regionally accredited university that offers over 200 graduate and undergraduate degree programs, emphases 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 ended March 31, 2017.

For the three months ended March 31, 2017:

Net revenue increased 9.4% to $248.2 million for the first quarter of 2017, compared to $227.0 million for the first quarter of 2016. End-of-period enrollment increased 11.0% to 83,352 at March 31, 2017, from 75,096 at March 31, 2016, as ground enrollment increased... More