secwatch.observer — SEC 8-K summary
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Issuer:     Grand Canyon Education, Inc. (LOPE)
CIK:        0001434588
Form:       8-K
Filed at:   2024-02-13T23:59:59+00:00
Accession:  0001558370-24-001055
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Grand Canyon Education Q4 revenue up 7.6% to $278.3M; EPS $2.71; guides FY24 rev $1.016-1.04B
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- Q4 2023 service revenue $278.3M, +7.6% YoY; operating income $97.8M (+7.8% YoY); operating margin 35.1%.
- Diluted EPS $2.71, up from $2.30; adjusted diluted EPS $2.77 vs $2.36.
- Total partner enrollments 121,250, up 7.3% YoY; GCU online enrollments rose 10% to 92,070.
- Full-year 2024 guidance: service revenue $1.016-1.040B, diluted EPS $7.17-$7.69, adjusted EPS $7.39-$7.91.
- Cash and investments $244.5M at Dec 31, 2023 vs $181.7M a year ago, up $62.8M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1434588/000155837024001055/0001558370-24-001055-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1434588/000155837024001055/lope-20240213x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-001055

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