More on Corinithian Colleges' FQ2

|By:, SA News Editor

Corinithian Colleges (COCO) reports new student enrollment during FQ2 fell 14.4% Y/Y to 19,760.

Total students enrolled at the end of the quarter was 77,854 vs. 87,250 a year ago.

Operating margin fell 60 bps to 3.8%.

The company provided an update on investigations by the Department of Education and state AGs in which it maintained its actions were lawful.

COCO +2.8% premarket