secwatch.observer — SEC 8-K summary
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Issuer:     Grand Canyon Education, Inc. (LOPE)
CIK:        0001434588
Form:       8-K
Filed at:   2023-02-16T23:59:59+00:00
Accession:  0001558370-23-001446
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Grand Canyon Education Q4 net income down 16.5% to $71M; rev up 2.9%
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1434588/000155837023001446/0001558370-23-001446-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1434588/000155837023001446/lope-20230216x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-23-001446

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