Career Education Corp. updates guidance

• Career Education (NASDAQ:CECO) issues guidance as part of an investor presentation.
• Adjusted operating income growth is seen for its University Group and Corporate business. An adjusted operating loss of $50M-$60M is expected for the Culinary Arts and Transition Group.
• The company anticipates ending 2017 with cash of between $150M and $160M.
• Full Career Education Corporation presentation (.pdf)