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Stock Market & Financial Investment News

News Breaks
February 27, 2014
08:01 EDTCECOCareer Education reports Q4 continuing ops EPS (29c), consensus (52c)
Reports Q4 revenue $247.1M, consensus $241.44M.
News For CECO From The Last 14 Days
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March 3, 2015
16:12 EDTCECOCareer Education sees positive FY15 adjusted EBITDA
An update on the company’s expectations for performance and general business outlook for full year 2015 include: Modest growth in total student enrollments for the year within its University group, with online being the primary contributor; Positive adjusted EBITDA for full year 2015 from ongoing operations, which excludes the Transitional Group and campuses held for sale; Reduce operating expenses by an additional $40M based on actions that were taken in 2014; Continued progress on reductions of real estate obligations; End fiscal year 2015 with over $190M in total cash, cash equivalents, restricted cash and short-term investments.
16:10 EDTCECOCareer Education reports Q4 EPS (38c), consensus (30c)
Reports Q4 revenue $174.2M, consensus $232.51M. For the fourth quarter of 2014, total student enrollments for ongoing operations decreased 4.5% compared to the prior year quarter.

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