Welcome to our dedicated page for Grand Canyon Ed news (Ticker: LOPE), a resource for investors and traders seeking the latest updates and insights on Grand Canyon Ed stock.
Grand Canyon Education, Inc. (NASDAQ: LOPE) provides essential support services to universities through operational, technological, and compliance solutions. This page serves as the definitive source for verified company news, offering stakeholders direct access to official updates and strategic developments.
Investors and analysts will find timely information on earnings announcements, partnership agreements, regulatory compliance matters, and operational milestones. The curated collection includes press releases detailing service expansions, technology implementations, and leadership updates directly from the company.
All content undergoes strict verification to ensure accuracy and relevance to financial decision-makers. Regular updates provide insights into LOPE's role in enhancing post-secondary education through innovative support systems and strategic collaborations.
Bookmark this page for streamlined access to critical updates about Grand Canyon Education's market position, service innovations, and compliance achievements within the evolving education services landscape.
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Grand Canyon Education, Inc. (LOPE) will release its 2024 first quarter earnings on May 7, 2024, followed by a conference call to discuss the results. Participants can register for the call to receive dial-in numbers and a unique PIN. A webcast of the event will also be available for investors, journalists, and the general public.
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Grand Canyon University (GCU) successfully passed a recent audit by the Arizona State Approving Agency (SAA) with no findings, following a Federal Trade Commission (FTC) lawsuit. The audit focused on GCU's doctoral disclosures and processes, part of an ongoing Department of Education (ED) investigation. Despite a record $37.7 million fine being disputed and appealed by GCU, the SAA found no substantiated issues impacting GCU's approval. GCU maintains its innocence against allegations and has received praise for transparency from various entities.
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Grand Canyon University honored four exemplary leaders during the fourth annual Colangelo Servant Leadership Awards. The recipients, Bill McKee, Brandy Labinjo, Mike Greenawalt, and Karrin Taylor Robson, were recognized for their outstanding contributions to business and service. The awards, named after Arizona icon Jerry Colangelo, celebrate servant leadership, a core principle of the Colangelo College of Business.
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Grand Canyon Education, Inc. (LOPE) reported a strong financial performance for Q4 2023 with service revenue reaching $278.3 million, a 7.6% increase year-over-year. Operating income rose to $97.8 million, and net income grew by 13.6% to $80.7 million. Adjusted EBITDA also increased by 8.5%. For the full year 2023, service revenue reached $960.9 million, with operating income at $249.3 million. Net income rose by 11.0% to $205.0 million. The company provided optimistic guidance for 2024, expecting continued growth in service revenue, operating margin, and diluted EPS.
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Grand Canyon Education, Inc. (Nasdaq:LOPE) will report its 2023 fourth quarter results after market close on Tuesday, February 13, 2024. The Company will host a conference call to discuss the results at 2:30 P.M. (4:30 P.M. ET) the same day. Investors, journalists, and the general public may access a live webcast of this event.
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Grand Canyon University (GCU) received notice of another risk-based audit by the U.S. Department of Veterans Affairs (VA), marking the 5th investigation since the school sued the Department of Education. The audits were initiated following allegations by the Federal Trade Commission (FTC) and are seen as coordinated and unwarranted actions against the largest Christian university in the country. GCU President Brian Mueller called the scrutiny harassment, stating that the university's metrics are stellar and the accusations lack merit.
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Grand Canyon University (GCU) has announced that tuition on its Phoenix campus will remain at $16,500 through 2024-25, marking the 16th consecutive year of a tuition freeze. More than 90% of traditional students qualify for institutional scholarships, totaling $180 million in 2023, bringing the average tuition cost to approximately $9,200. GCU's average room and board costs are also below the national average at just $9,910. The university has invested more than $1.7 billion in academic infrastructure, resulting in significant growth in enrollment and campus size.
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Grand Canyon University (GCU) Appeals $37.7 Million Fine from U.S. Department of Education, Citing Unjust Targeting of Largest Christian University. GCU President Brian Mueller vows to fight federal government's ideological overreach and weaponization of agencies. GCU's transparency and court rulings in its favor refute Department's accusations. Two studies, including one by the U.S. Government Accountability Office, highlight targeted nature of government overreach in higher education.
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Grand Canyon Education, Inc. (NASDAQ: LOPE) announced its financial results for Q3 2023. Service revenue increased by 6.3% to $221.9 million compared to the same period last year. Operating income rose by $6.0 million to $41.5 million, and net income increased by 19.1% to $35.7 million. Diluted net income per share was $1.19. The company also announced an increase in the authorization under its stock repurchase program by $200.0 million.
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Grand Canyon Education, Inc. will report its Q3 2023 results on November 2, 2023, after market close. A conference call will be held at 1:30 P.M. to discuss the results.
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Grand Canyon Ed Inc
Nasdaq:LOPE
LOPE Rankings
LOPE Stock Data
5.22B
28.06M
2.14%
98.23%
0.92%
Education & Training Services
Services-educational Services
United States
PHOENIX