Zovio: 2Q Earnings Snapshot
Posted Aug 3, 2020 08:26:10 AM.
Last Updated Aug 3, 2020 08:40:12 AM.
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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The Associated Press