Corinthian Colleges Inc. said Tuesday that it moved to a loss in its fiscal first-quarter, burdened by impairment and severance charges, the Associated Press reports. The education company also gave a full-year earnings forecast above analysts’ expectations. Corinthian lost $9.6 million, or 11 cents per share, in the quarter. That compares with a profit of $33.1 million, or 38 cents per share, a year earlier. Excluding $9.9 million in charges, its loss was 4 cents per share. Analysts polled by FactSet expected a loss of 2 cents per share…
Latest posts by eCampus News staff and wire reports (see all)
- Extron AV Switching, Streaming, and Control Systems Aid Higher Learning at Idaho’s First Medical School - June 1, 2021
- Extron XTP, Streaming, and Control Systems Empower Point Park University’s Varsity Esports Program - June 1, 2021
- Extron NAV Series Delivers AVoIP Throughout Allied Health Veterans Hall at UNC Wilmington - June 1, 2021