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August 27, 2015 8:35 PM ET

Diversified Consumer Services

Company Overview of The University of Phoenix, Inc.

Company Overview

The University of Phoenix, Inc. is an educational institution that offers undergraduate, graduate, and doctoral programs. The institution provides courses in business, criminal justice, education, health care, human services, information technology, management, and nursing. It was founded in 1976 and is based in Phoenix, Arizona. The University of Phoenix, Inc. operates as a subsidiary of Apollo Education Group, Inc.

3157 East Elwood Street

Phoenix, AZ 85034

United States

Founded in 1976

6,996 Employees

Phone:

866-766-0766

Key Executives for The University of Phoenix, Inc.

President and Director
Age: 65
Senior Vice President and Director
Age: 41
Senior Vice President of Integrated Academic Strategies and Development and Head of Academic Programming
Age: 64
Senior Vice President of Academic Affairs and Provost
Senior Vice President of Academic Research
Compensation as of Fiscal Year 2015.

The University of Phoenix, Inc. Key Developments

The University of Phoenix Receives "Civil Investigative Demand" from the Federal Trade Commission

The University of Phoenix is under federal investigation for possible deceptive or unfair business practices, its parent company, the Apollo Education Group, said. In a filing to the Securities and Exchange Commission, the company disclosed that it had received a "civil investigative demand" from the Federal Trade Commission (FTC). According to the document, investigators asked for information on a "broad spectrum" of matters, including marketing, recruiting, enrollment, financial aid, tuition, academic programs, billing and debt collection, and other facets of the business. The filing lists "military recruitment" as one area the FTC is examining. The filing said Apollo is "evaluating the demand and intends to cooperate fully with the FTC. The FTC probe is the latest of several state and federal investigations into the for-profit college industry.

University of Phoenix, Inc. Announces Unaudited Earnings Results for the Third Quarter Nine Months Ended May 31, 2015

University of Phoenix, Inc. announced unaudited earnings results for the third quarter nine months ended May 31, 2015. For the quarter, the company reported net revenue of $560,692,000 against $681,707,000 a year ago. Operating income was $102,773,000 against $135,153,000 a year ago. For the nine months, the company reported net revenue of $1,641,314,000 against $2,020,651,000 a year ago. Operating income was $197,634,000 against $405,308,000 a year ago.

University of Phoenix Announces Unaudited Earnings Results for Second Quarter and Six Months Ended February 28, 2015

University of Phoenix announced unaudited earnings results for second quarter and six months ended February 28, 2015. For the quarter, net revenue was $487,769,000 against $594,081,000 a year ago. Operating income was $1,350,000 against $86,682,000 a year ago. For the six months, net revenue was $94,861,000 against $270,155,000 a year ago. Operating income was $1,350,000 against $86,682,000 a year ago.

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