Corinthian Colleges, Inc. (COCO) Misses Q3 EPS by 2c

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Go back to Corinthian Colleges, Inc. (COCO) Misses Q3 EPS by 2c

Corinthian Colleges Reports FY14 Third Quarter Results

May 6, 2014 7:45 AM EDT

SANTA ANA, Calif., May 6, 2014 (GLOBE NEWSWIRE) -- Corinthian Colleges, Inc. (Nasdaq: COCO) reported financial results today for the third quarter ended March 31, 2014. The results for the quarter were below our previous third quarter guidance ranges for new student enrollment, revenue, and diluted earnings per share, owing primarily to weather-related school closures. (Guidance is for continuing operations only and excludes impairment, facility closing and severance charges and the deferred tax asset valuation allowance.)

"The company continues to face a number of challenges which have combined to decrease new student... More