secwatch.observer — SEC 8-K summary
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Issuer:     Grand Canyon Education, Inc. (LOPE)
CIK:        0001434588
Form:       8-K
Filed at:   2023-08-03T23:59:59+00:00
Accession:  0001558370-23-013202
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GCE Q2 revenue $210.6M (+5.4%), EPS $0.96; guides FY23 revenue $948.7M-$955.7M
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- Q2 service revenue $210.6M (+5.4% YoY); operating income $35.4M (16.8% margin); net income $29.0M (+13.3%).
- Diluted EPS $0.96 (adjusted $1.01) vs $0.80 (adj. $0.85) in Q2 2022.
- GCU enrollments up 4.1% to 95,972; total partner enrollments 99,526 (+3.6% YoY).
- FY 2023 guidance: revenue $948.7M-$955.7M; diluted EPS $6.37-$6.55; adjusted EPS $6.59-$6.77.
- Cash and investments $233.4M at June 30, up $51.7M from Dec 31, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1434588/000155837023013202/0001558370-23-013202-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1434588/000155837023013202/lope-20230803x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-23-013202

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