PHOENIX (AP) — PHOENIX (AP) — Grand Canyon Education Inc. (LOPE) on Wednesday reported profit of $86.7 million in its fourth quarter.
The Phoenix-based company said it had profit of $3.14 per share. Earnings, adjusted for one-time gains and costs, came to $3.21 per share.
The for-profit education company posted revenue of $308.1 million in the period.
For the year, the company reported profit of $216.2 million, or $7.71 per share. Revenue was reported as $1.11 billion.
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