Phoenix Education reports Q2 EPS 58c, consensus 34c

Reports Q2 revenue $222.5M, consensus $220.8M. “At the University, we remain focused on helping students develop skills that translate directly into their careers. We are proud to have issued more than one million digital badges representing verified skills to our students and alumni,” said Chris Lynne, Chief Executive Officer of Phoenix Education (PXED) Partners and President of the University of Phoenix. “During the quarter, our teams continued to enhance the student experience, expand employer partnerships, and invest in capabilities that support high-quality, affordable programs. Our commitment to strong student outcomes was reflected in the Encoura + Ruffalo Noel Levitz Priorities Survey for Online Learners – a national survey of 150 institutions and approximately 90,000 learners-where the University performed above national averages across all 26 measured attributes, including exceeding the benchmark for overall satisfaction.”