{"schema_version":"secwatch.filing_event.v1","accession":"0001558370-23-001446","form_type":"8-K","ticker":"LOPE","cik":"0001434588","company_name":"Grand Canyon Education, Inc.","filed_at":"2023-02-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:44.962196+00:00","generated_at":"2026-06-19T09:07:23.035222+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Grand Canyon Education Q4 net income down 16.5% to $71M; rev up 2.9%","bullets":["Q4 service revenue $258.7M (+2.9% YoY); operating margin 35.1% vs 40.7%.","Net income $71.0M (-16.5%); diluted EPS $2.30 GAAP, $2.36 adjusted.","Full year 2022 revenue $911.3M (+1.6%); net income $184.7M (-29.1%).","2023 full-year revenue guidance $939M-$965M; diluted EPS $5.90-$6.47.","Share repurchases of $604.2M in 2022; cash and investments fell to $181.7M."],"urls":{"canonical":"https://secwatch.observer/filing/0001558370-23-001446","json":"https://secwatch.observer/filing/0001558370-23-001446.json","markdown":"https://secwatch.observer/filing/0001558370-23-001446.md","text":"https://secwatch.observer/filing/0001558370-23-001446.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1434588/000155837023001446/0001558370-23-001446-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1434588/000155837023001446/lope-20230216x8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-19T09:07:23.035222+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"333fa85b506e916cd38724f82a011b44ac4e0a2e","claim":"Grand Canyon Education, Inc. reported fourth quarter of 2022 results: revenue Service revenue was $258.7 million for the fourth quarter of 2022, net income Net income decreased 16.5% to $71.0 million for the fourth quarter of 2022, EPS Diluted net income per share was $2.30 and $2.15 for the fourth quarters of 2022 and 2021, respectively.","evidence_excerpt":"Item 2.02. Results of Operations and Financial Condition . On February 16, 2023, the Company reported its results for the fourth quarter of 2022.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1434588/000155837023001446/0001558370-23-001446-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter of 2022"},{"label":"Revenue","value":"Service revenue was $258.7 million for the fourth quarter of 2022"},{"label":"Net income","value":"Net income decreased 16.5% to $71.0 million for the fourth quarter of 2022"},{"label":"EPS","value":"Diluted net income per share was $2.30 and $2.15 for the fourth quarters of 2022 and 2021, respectively"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}