Zovio Inc Reports First Quarter 2019 Results
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Zovio Inc (ZVO) Misses Q1 EPS by 13c
May 9, 2019 4:13 PM EDTZovio Inc (NASDAQ: ZVO) reported Q1 EPS of ($0.12), $0.13 worse than the analyst estimate of $0.01. Revenue for the quarter came in at $109.8 million versus the consensus estimate of $112 million.
Non-GAAP operating loss for the three months ended March 31, 2019 was $3.8 million, compared with non-GAAP operating income of $0.4 million for the three months ended March 31, 2018. Non-GAAP operating loss for the three months ended March 31, 2019 excludes separation transaction costs of $2.2 million, acquisition costs of $0.9 million... More