Zovio: 2Q Earnings Snapshot

By The Associated Press

CHANDLER, Ariz. (AP) _ Zovio Inc (ZVO) on Monday reported second-quarter net income of $5.1 million, after reporting a loss in the same period a year earlier.

The Chandler, Arizona-based company said it had profit of 16 cents per share. Earnings, adjusted for one-time gains and costs, came to 24 cents per share.

The for-profit education company posted revenue of $103.9 million in the period.

The company’s shares closed at $3.94. A year ago, they were trading at $3.83.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ZVO at https://www.zacks.com/ap/ZVO

The Associated Press

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