Bridgepoint Education, Inc. Names Christopher M. Henn as Executive Vice President and Chief Operating Officer
Mar 19 15
The Board of Directors at Bridgepoint Education, Inc. announced the selection of Christopher 'Chris' M. Henn who, beginning April 13, will serve in the company's newly created role of Executive Vice President and Chief Operating Officer. Most recently, Henn served as Managing Director – Product for Esurance, where he spent nearly 15 years working in various capacities for the multiline insurance company. Most recently, in his role as Managing Director – Product, Henn oversaw the rapid expansion of all Esurance programs.
Bridgepoint Education, Inc. Provides Revenue Guidance for the Year 2015
Mar 10 15
Bridgepoint Education, Inc. announced that based upon what the company has experienced in 2014 and the company priorities for 2015, the company anticipates new enrollments will show modest positive growth in 2015. The company expects total enrollments throughout 2015 will be approximately flat compared to ending enrollments in 2014. This means that average total enrollments for 2015 will be lower than average total enrollments in 2014, which will result in lower revenue for 2015. The company anticipates that this decline in revenue will be fully offset by lower expenses resulting from the cost adjustments the company made in 2014 and lower average new enrollments throughout 2015.
Bridgepoint Education, Inc. Announces Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014
Mar 10 15
Bridgepoint Education, Inc. announced consolidated earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company announced revenue of $147,259,000 compared to $162,225,000 for the same period a year ago. Operating loss was $10,826,000 compared to $9,870,000 for the same period a year ago. Loss before income taxes was $10,101,000 compared to $9,159,000 for the same period a year ago. Net loss was $5,248,000 or $0.12 per basic and diluted share compared to $5,109,000 or $0.10 per basic and diluted share for the same period a year ago.
For the full year, the company announced revenue of $638,705,000 compared to $751,449,000 for the same period a year ago. Operating income was $14,311,000 compared to $68,463,000 for the same period a year ago. Income before income taxes was $17,195,000 compared to $71,545,000 for the same period a year ago. Net income was $9,668,000 or $0.21 per basic and diluted share compared to $45,883,000 or $0.83 per diluted share for the same period a year ago. Net cash provided by operating activities was $25,219,000 compared to $85,586,000 for the same period a year ago. Capital expenditures were $11,429,000 compared to $14,825,000 for the same period a year ago.
Bridgepoint Education Seeks Acquisitions
Mar 10 15
Bridgepoint Education, Inc. (NYSE:BPI)'s Chief Executive Officer Andrew Clark while commenting on acquisitions said that from an acquisitions standpoint they are going to be very opportunistic. These would be potentially some type of tuck-in, smaller type acquisition if they did something.
Bridgepoint Education, Inc. to Report Q4, 2014 Results on Mar 10, 2015
Mar 2 15
Bridgepoint Education, Inc. announced that they will report Q4, 2014 results at 11:30 AM, US Eastern Standard Time on Mar 10, 2015