Zovio Inc Reports Fourth Quarter and Full Year 2019 Results
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Zovio Inc (ZVO) Misses Q4 EPS by 5c, Revenues Miss
February 20, 2020 4:13 PM ESTZovio Inc (NASDAQ: ZVO) reported Q4 EPS of ($0.15), $0.05 worse than the analyst estimate of ($0.10). Revenue for the quarter came in at $96.3 million versus the consensus estimate of $99.5 million.
Non-GAAP operating loss for the three months ended December 31, 2019 was $4.4 million, compared with non-GAAP operating loss of $6.4 million for the three months ended December 31, 2018. Non-GAAP operating loss for the three months ended December 31, 2019 excludes restructuring and impairment charges of $13.6 million, separation transaction costs of... More