secwatch.observer — SEC 8-K summary
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Issuer:     Grand Canyon Education, Inc. (LOPE)
CIK:        0001434588
Form:       8-K
Filed at:   2024-05-07T23:59:59+00:00
Accession:  0001558370-24-007038
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

GCE Q1 revenue $274.7M (+9.8%), diluted EPS $2.29 (+18%); FY24 EPS guidance $7.35-$7.82
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- Service revenue $274.7M, up 9.8% YoY; partner enrollments 120,788 (+7.3%).
- Net income $68.0M (+14.2%); adjusted net income $69.6M; diluted EPS $2.29, adjusted $2.35.
- Adjusted EBITDA $98.6M (+13.8%); operating margin 30.8% vs 29.8%.
- Q2 2024 guidance: revenue $222-224M, diluted EPS $1.02-$1.06; full year revenue $1,020-1,042M.
- Cash and investments $290.7M, up $46.2M from Dec 31, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1434588/000155837024007038/0001558370-24-007038-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1434588/000155837024007038/lope-20240507x8k.htm
  HTML page:      https://secwatch.observer/filing/0001558370-24-007038

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