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.
Grand Canyon Education, Inc. (NASDAQ: LOPE) reported Q2 2022 results, showing service revenue of $199.8 million, down 0.9% from Q2 2021. Key factors included a 7.5% decline in online enrollments and a 34% drop in OTA program participants. Operating income fell to $33.8 million, a 32.7% decrease year-over-year. Net income was $25.6 million, down 48.3%. The company expects Q3 2022 service revenue between $207.3 million and $209.3 million and full-year revenue between $903.2 million and $909.2 million. The decline in online enrollments raises concerns for future growth.
Grand Canyon Education (Nasdaq: LOPE) will report its Q2 2022 earnings on August 4, 2022, after market close. A conference call is scheduled for 1:30 PM PT to discuss the results in detail. Interested participants can register for the call to obtain dial-in numbers and a unique PIN. The live webcast will be available for investors and the public, with a replay accessible two hours after the call concludes. Grand Canyon Education supports 27 university partners with a wide range of education services, leveraging over 30 years of industry expertise.
Grand Canyon Education, Inc. (LOPE) reported Q1 2022 service revenue of $244.1 million, a 3.0% increase from Q1 2021. This growth was driven by an increase in revenue per student, though overall enrollments dropped by 4.5% year-over-year to 110,217. Operating income fell 7.9% to $77.5 million with an operating margin of 31.7%. Net income decreased 25.6% to $58.1 million, while diluted EPS decreased slightly from $1.69 to $1.66. The outlook for Q2 2022 anticipates service revenue between $199.5 million and $202.7 million.
Grand Canyon Education (Nasdaq: LOPE) will report its Q1 2022 results on May 4, 2022, after market close. A conference call to discuss the results will take place at 1:30 P.M. (4:30 P.M. ET) on the same day. Investors can access the live webcast here, with a replay available two hours after the call. GCE offers education services to 27 university partners, leveraging 30 years of experience to enhance post-secondary education support through various services, including enrollment management and technology solutions.
Grand Canyon Education, Inc. (NASDAQ: LOPE) reported its fourth quarter results for 2021, revealing service revenue of $251.4 million, up from $238.3 million in Q4 2020. The growth was due to greater revenue per student, despite a 3.0% decrease in university partner enrollments. Operating income rose to $102.4 million, while net income slightly declined by 1.9% to $85.1 million. The company announced a new $175 million increase in its stock repurchase program, with $420.4 million still available for buybacks. 2022 revenue guidance ranges from $905 million to $930 million.
Grand Canyon Education (Nasdaq:LOPE) will report its 2021 fourth quarter results on February 16, 2022, after market close. A conference call will follow at 2:30 PM (4:30 PM ET) to discuss the results in detail. Interested parties can access the call via dial-in or a live webcast. The company offers various support services to 27 university partners, leveraging 30 years of industry expertise. For more information, visit www.gce.com.
Harding University is launching new online Master's programs in Business Administration and Information Systems in February 2022, in partnership with Grand Canyon Education. These 14-month programs will emphasize core subjects through fast-paced six-week blocks while ensuring small class sizes for personalized learning. The MBA will cover various business disciplines, while the Information Systems program focuses on technology and data analysis. With growing interest in online education, these initiatives aim to address the demand for quick, relevant learning that can be applied directly in the workplace.
Grand Canyon Education (NASDAQ: LOPE) reported its Q3 2021 financial results with service revenue of $206.8 million, a 4.1% increase from Q3 2020. This growth was driven by higher university partner enrollments, totaling 118,832, and increased revenue per student due to ancillary services. However, operating income fell to $45.3 million, a 11.2% decrease, and net income dropped 8.4% to $47.7 million. The company forecasts Q4 service revenue between $252 million and $255 million and a full year revenue between $897.2 million and $900.2 million.
Grand Canyon Education, Inc. (LOPE) will release its third-quarter 2021 results on October 28, 2021, after market close. A conference call to discuss these results will be held at 1:30 P.M. PT (4:30 P.M. ET) the same day. Interested parties can join the call using the specified dial-in numbers or access a live webcast. GCE, established in 2008, offers comprehensive education services to 27 university partners, leveraging over 30 years of expertise in the sector.
Grand Canyon Education, Inc. (LOPE) reported a robust financial performance for Q2 2021, with service revenue at $201.5 million, a 8.8% increase from Q2 2020. The growth stemmed from higher university partner enrollments and increased revenue per student. Net income rose by 5.2% to $49.5 million, translating to diluted earnings per share of $1.09. Despite challenges like a one-day shift in semester timing and a decline in online student growth rates, GCE remains optimistic about future enrollments. The company has authorized a $970 million increase in its stock repurchase program, totaling $1.47 billion since inception.
