You can now read 5 articles in a month for free on Read as much as you want anywhere and anytime for just 99¢.

Market Movers

Enrollment dropping at Apollo Group

Apollo Group cited a drop in third-quarter enrollment.

Apollo Group cited a drop in third-quarter enrollment.

Continue reading below

Apollo Group, the for-profit education company that owns the University of Phoenix, said earnings in the fiscal third quarter fell 40 percent as new enrollment tumbled. Income from continuing operations was $80 million, or 71 cents per share, compared with $131.4 million, or $1.11 per share, in the same period a year earlier. Degreed enrollment was also down 17 percent over the previous year. New degreed enrollment was 38,900, down 24.5 percent from a year ago.

Loading comments...
Want each day's news headlines delivered fresh to your
inbox every morning? Just connect with us
in one of the following ways:
Please enter a valid email will never post anything without asking.
Privacy Policy
Subscriber Log In

You have reached the limit of 5 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week
Marketing image of
Marketing image of