Bridgepoint reports sharp fall in student enrollment


Bridgepoint Education (BPI) reports student enrollment fell off 18.1% to 64,495 in Q1.

The company says it will be unable to file its quarterly report by the deadline of May 12 due to new comments from the SEC on revenue recognition.

Earnings posted earlier by the company were preliminary results.

This was corrected on 05/12/2014 at 09:30 AM.
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