- Shares of Apollo Group (APOL) are up 3.2% AH as investors digest the company's Q1 results.
- Net revenue falls 22% Y/Y as University of Phoenix degreed enrollment slides 17.7%.
- New degreed enrollment slips 22.9% over the same period in 2013.
- FY14 outlook: Operating income of $400-450M on net revenue of $3-3.1B. Consensus on the top-line is $3.04B. (PR)
Enrollment stats trend lower, but EPS, revenue guidance solid for Apollo
Jan 7 2014, 16:56 ET