PHOENIX (AP) — PHOENIX (AP) — Grand Canyon Education Inc. (LOPE) on Tuesday reported profit of $34.9 million in its second quarter.
On a per-share basis, the Phoenix-based company said it had net income of $1.19. Earnings, adjusted for one-time gains and costs, came to $1.27 per share.
The for-profit education company posted revenue of $227.5 million in the period.
For the current quarter ending in September, Grand Canyon Education said it expects revenue in the range of $238 million to $240.5 million.
The company expects full-year earnings to be $7.63 to $7.81 per share, with revenue expected to be $1.03 billion.
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