Grand Canyon Education: Fourth Quarter Earnings Overview
Grand Canyon Education Inc. Announces Fourth Quarter Financial Results
Grand Canyon Education Inc., headquartered in Phoenix, revealed on Wednesday that it achieved a net income of $86.7 million during the fourth quarter.
The company reported earnings of $3.14 per share, with adjusted earnings—excluding certain one-time items—totaling $3.21 per share.
During this period, the for-profit education provider generated $308.1 million in revenue.
Looking at the full year, Grand Canyon Education recorded a total profit of $216.2 million, or $7.71 per share, on revenue of $1.11 billion.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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