Listed below are publicly traded greater schooling corporations’ 2022 earnings

 

Efficiency at a look: 

• Income elevated to $244.1 million within the quarter ended March 31, 2022, up 3% from the yr earlier than. 
• Prices and bills elevated to $166.7 million, up 9.1% from the yr earlier than. 
• Revenue decreased to $58.1 million, down 25.6% from the yr earlier than. 

What it is advisable to know: 

Grand Canyon Schooling continued to face enrollment challenges because of the coronavirus pandemic, firm leaders mentioned. The corporate supplies schooling providers to greater than two dozen schools, and its largest shopper is Grand Canyon College. The establishment’s enrollment fell to 106,003 college students by the tip of March, down 4.5% from a yr in the past. 

Leaders partly blamed the decreases on recruiting challenges attributable to lowered entry to the websites the place potential college students work. Nonetheless, Grand Canyon College’s on-campus enrollment grew to 21,504 college students by the tip of the quarter, representing a 9% improve. 

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