Apollo Education Group, Inc. (APOL) - NASDAQ
  • Thu, Jul. 7, 6:35 PM
    • Apollo Education Group (NASDAQ:APOL) is up 2.2% after hours following a fiscal Q3 report where it beat on top and bottom lines after pursuing cost cuts.
    • Revenue slipped 18% but beat analyst expectations, and income from continuing operations fell to $20.7M from a year-ago $50.3M.
    • Adjusted EBITDA fell to $90.7M from a year-ago $132.2M but beat an expected $77.2M.
    • University of Phoenix New Degreed Enrollment was 17,900 and Degreed Enrollment 155,600, vs. a year-ago 29,400 and 206,900.
    • The company's not holding a conference call or providing guidance due to the pending takeover by a consortium including Apollo Global (NYSE:APO), Vistria Group and Najafi Cos. At $9.24 after hours, share price is getting closer to the $10 acquisition price.
    • Press Release
    | Thu, Jul. 7, 6:35 PM | 1 Comment
  • Fri, May 6, 5:37 PM
    • Top gainers, as of 5.25 p.m.: NSAM +6.5%. NRF +5.8%. HLF +2.7%. APOL +2.7%. CPA +2.3%.
    • Top losers, as of 5.25p.m.: AZN -4.8%. CS -2.3%. INOV -1.8%. SYNC -1.5%. ETSY -1.3%.
    | Fri, May 6, 5:37 PM
  • Mon, May 2, 12:47 PM
    | Mon, May 2, 12:47 PM | 3 Comments
  • Mon, May 2, 9:13 AM
    | Mon, May 2, 9:13 AM | 4 Comments
  • Fri, Apr. 29, 5:35 PM
    • Top gainers, as of 5.25 p.m.: ERJ +1.7%. HA +1.4%. APOL +1.3%. GFI +1.1%. WETF +1.0%.
    • Top losers, as of 5.25p.m.: ENIC -5.2%. SBGL -3.5%. CDE -2.3%. AKS -2.1%. P -1.3%.
    | Fri, Apr. 29, 5:35 PM
  • Mon, Feb. 8, 12:46 PM
    | Mon, Feb. 8, 12:46 PM
  • Mon, Feb. 8, 9:19 AM
    | Mon, Feb. 8, 9:19 AM | 14 Comments
  • Mon, Feb. 8, 7:09 AM
    • Apollo Education Group (NASDAQ:APOL) announces it accepted a buyout offer from a consortium of buyers at $9.50 per share.
    • The buyers group includes Vistria Group and funds affiliated with Apollo Global Management (NYSE:APO).
    • APOL +28.63% premarket to $8.94.
    | Mon, Feb. 8, 7:09 AM | 6 Comments
  • Fri, Feb. 5, 6:52 PM
    • In an 8-K filed after the bell, Apollo Education (NASDAQ:APOL) discloses "a Second Investigative Subpoena from the Office of the Attorney General of the State of California in the Matter of the Investigation of For-Profit Educational Institutions, following the Investigative Subpoena we received in August 2015."
    • The second subpoena seeks "the production of documents and information regarding a broad spectrum of the business and practices of Apollo Education Group, Inc. and each of our subsidiaries, including University of Phoenix, Inc., relating to marketing, recruiting, compensation of enrollment advisors, complaints, financial aid, compliance, accreditation, other governmental investigations, private litigation and other matters, as well as additional information relating to marketing and services to members and former members of the U.S. military and California National Guard, for the time period of July 1, 2010 to the present." Apollo is naturally cooperating with the probe.
    • Shares have dropped to $6.59 after hours. The 52-week low is $6.31.
    | Fri, Feb. 5, 6:52 PM | 2 Comments
  • Fri, Feb. 5, 5:38 PM
    | Fri, Feb. 5, 5:38 PM
  • Wed, Jan. 27, 1:13 PM
    • The fragile for-profit sector is under pressure with DeVry the target of a government lawsuit for misleading consumers.
    • The FTC and DOE both took action against DeVry for deceptive marketing practices.
    • Decliners include Apollo Education (APOL -3.4%), Nord Anglia Education Group (NORD -3.5%), Strayer Education (STRA -3.7%), ITT Educational Services (ESI -4.2%), Capella Education (CPLA -2.6%), and Bridgepoint Education (BPI -2.6%).
    | Wed, Jan. 27, 1:13 PM | 7 Comments
  • Tue, Jan. 12, 9:15 AM
    | Tue, Jan. 12, 9:15 AM
  • Mon, Jan. 11, 5:38 PM
    | Mon, Jan. 11, 5:38 PM
  • Mon, Jan. 11, 5:03 PM
    • Apollo Education is now up 23%, bouncing off a 52-week low of $6.31, after Dow Jones' report that it was in "advanced talks" to be bought out by Apollo Global Management (NYSE:APO) for about $1B.
    • A deal could be reached in the next few weeks, sources said. Apollo Education (NASDAQ:APOL) -- no relation to the private-equity firm -- said its board was in talks that could "potentially lead to a change of control of the company."
    • It had been in talks with other P-E firms, but AGM is the last one reportedly standing. The company is controlled by its chairman, Peter Sperling, and a trust.
    • Earlier, Apollo Education posted its third loss in four quarters, with EPS of -$0.56/share in GAAP terms. Excluding restructuring costs, its profit/share of $0.29 missed by $0.02.
    • Shares are down 54% over the past six months and down 76.3% over the past year. They'd lost 16.8% of value already in 2016.
    • Previously: More on Apollo Group's FQ1 (Jan. 11 2016)
    • Previously: Apollo Education eyes strategic options (Jan. 11 2016)
    • Previously: Apollo misses by $0.02, misses on revenue (Jan. 11 2016)
    | Mon, Jan. 11, 5:03 PM
  • Mon, Jan. 11, 4:25 PM
    | Mon, Jan. 11, 4:25 PM | 8 Comments
  • Mon, Jan. 11, 9:15 AM
    | Mon, Jan. 11, 9:15 AM | 2 Comments
Company Description
Apollo Education Group, Inc. engages in the provision of educational programs and services. It offers undergraduate, graduate, certificate and non-degree educational programs and services, online and on-campus. It operates through the following segments: University of Phoenix, Apollo Global, and... More
Sector: Services
Industry: Education & Training Services
Country: United States