PHOENIX (AP) 鈥� PHOENIX (AP) 鈥� Grand Canyon Education Inc. (LOPE) on Thursday reported net income of $75.3 million in its first quarter.
The Phoenix-based company said it had net income of $2.80 per share. Earnings, adjusted for one-time gains and costs, were $2.86 per share.
The for-profit education company posted revenue of $308.8 million in the period.
For the current quarter ending in June, Grand Canyon Education expects its per-share earnings to range from $1.57 to $1.68.
The company said it expects revenue in the range of $260 million to $264 million for the fiscal second quarter.
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