secwatch.observer — SEC 8-K summary
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Issuer:     Grand Canyon Education, Inc. (LOPE)
CIK:        0001434588
Form:       8-K
Filed at:   2021-08-05T23:59:59+00:00
Accession:  0001558370-21-010537
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Grand Canyon Education Q2 revenue up 8.5% to $201.5M; EPS $1.09; board adds $970M buyback
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- Service revenue $201.5M, up 8.5% YoY from $185.8M; diluted EPS $1.09 vs $1.00.
- Operating income $50.2M (+3.9%); net income $49.5M (+5.2%); adjusted EBITDA $61.1M (+4.1%).
- Partner enrollments 101,808, up 3.5% YoY; off-campus classroom sites up 13.2% to 4,210.
- Board increased share repurchase authorization by $970.0M in July 2021; total authorization now $1.47B.
- Q3 2021 guidance: service revenue expected between $227M and $231M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1434588/000155837021010537/0001558370-21-010537-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1434588/000155837021010537/lope-20210805x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-21-010537

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer