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Grand Canyon Education's (LOPE) CEO Brian Mueller on Q1 2021 Results - Earnings Call Transcript

May 05, 2021 8:43 PM ETGrand Canyon Education, Inc. (LOPE)
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Grand Canyon Education, Inc. (NASDAQ:LOPE) Q1 2021 Earnings Conference Call May 5, 2021 4:30 PM ET

Company Participants

Dan Bachus – Chief Financial Officer

Brian Mueller – Chairman and Chief Executive Officer

Conference Call Participants

Jeff Meuler – Baird

Brett Knoblauch – Berenberg Capital

Greg Pendy – Sidoti


Good day and thank you for standing by. Welcome to the Quarter One 2021 Grand Canyon Education, Inc. Earnings Conference Call. At this time all participants are in a listen-only mode. [Operator instructions] This call is being recorded.

I would now like to turn the conference over to your host Mr. Dan Bachus, Chief Financial Officer. Please go ahead, sir.

Dan Bachus

Thank you. Joining me on today’s call is our Chairman and CEO, Brian Mueller. Please note that many of our comments today will contain forward-looking statements that involve risks and uncertainties. Various factors could cause our actual results to be materially different from any future results expressed or implied by such statements. These factors are discussed in our SEC filings, including our annual report on Form 10-K, quarterly reports on Form 10-Q, and current reports on Form 8-K. We undertake no obligation to provide updates with regard to the forward-looking statements made during this call, and we recommend all investors review these reports thoroughly before taking a financial position in GCE.

And with that, I’ll turn the call over to Brian.

Brian Mueller

Good afternoon and welcome to Grand Canyon Education’s first quarter fiscal year 2021 conference call. GCE had another successful quarter and the long-term future is very bright. We are experiencing some short-term issues due to the pandemic, which I’ll explain in a minute. However, long-term, we’re building three unique and differentiated platforms that will provide significant and impactful growth. The pandemic has been a serious challenge for universities in many are experiencing financial

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