Grand Canyon University

Genius Group Announces 2023 Financial Results, 150% Pro Forma Revenue Growth to $70.4 million

Retrieved on: 
Mercoledì, Maggio 15, 2024

Pro forma 2023 revenue increased 150% to $70.4 million from $28.1 million in 2022, including revenue from the FatBrain AI transaction.

Key Points: 
  • Pro forma 2023 revenue increased 150% to $70.4 million from $28.1 million in 2022, including revenue from the FatBrain AI transaction.
  • Gross profit increased to $11.9 million or 52% of revenue compared to $8.6 million, or 47% of revenue in 2022.
  • Gross profit increased to $11.9 million or 52% of revenue compared to $8.6 million, or 47% or revenue in 2022.
  • During the year ended December 31, 2023, overall pro forma revenue totaled $70.4 million, compared to $28.1 million in 2022.

GRAND CANYON EDUCATION, INC. REPORTS FIRST QUARTER 2024 RESULTS

Retrieved on: 
Martedì, Maggio 7, 2024

GCE today announced financial results for the quarter ended March 31, 2024.

Key Points: 
  • GCE today announced financial results for the quarter ended March 31, 2024.
  • The Spring semester started one day earlier in 2024 than in 2023, which had the effect of shifting $2.1 million in service revenue from the second quarter of 2024 to the first quarter of 2024 in comparison to the prior year.
  • Partner enrollments totaled 120,788 at March 31, 2024 as compared to 112,588 at March 31, 2023.
  • Our effective tax rate was 22.9% during the first quarter of 2024 compared to 22.3% during the first quarter of 2023.

Leading Education Entrepreneurs join Genius Group as New Shareholders

Retrieved on: 
Venerdì, Aprile 26, 2024

SINGAPORE, April 26, 2024 (GLOBE NEWSWIRE) -- Genius Group Limited (NYSE American: GNS) (“Genius Group” or the “Company”), a leading AI-powered education group, today welcomed leading education entrepreneurs as new shareholders of the Company.

Key Points: 
  • SINGAPORE, April 26, 2024 (GLOBE NEWSWIRE) -- Genius Group Limited (NYSE American: GNS) (“Genius Group” or the “Company”), a leading AI-powered education group, today welcomed leading education entrepreneurs as new shareholders of the Company.
  • Genius Group’s new investors include:
    Brent Richardson, Past CEO and Chairman of Grand Canyon Education.
  • In addition to being a new shareholder in Genius Group, Mr Moe will also be joining the Genius Group board as Non Executive Chairman.
  • Mr Richardson, Dr Ali and Mr Moe, together with various other investors, are joining Genius Group as new shareholders following the completion of the previously announced Genius Group and FatBrain AI transaction.

Strayer University Names Dr. Antoinette ‘Toni’ Farmer-Thompson President

Retrieved on: 
Martedì, Aprile 30, 2024

Strayer University, a higher learning institution for working adults, has announced Dr. Antoinette ‘Toni’ Farmer-Thompson as its next president.

Key Points: 
  • Strayer University, a higher learning institution for working adults, has announced Dr. Antoinette ‘Toni’ Farmer-Thompson as its next president.
  • She assumed her role as president on April 30, 2024 and is the first Black woman to hold the position, following the transition of former Strayer University president Dr. Andréa Backman to chief transformation officer at Strategic Education, Inc.
    “We are pleased to have appointed and welcome Dr. Farmer-Thompson as president of Strayer University.
  • “I am honored to serve the wonderful students and faculty at Strayer University as its next president.
  • I want to thank the Strayer University Board of Trustees for entrusting me with this important responsibility,” said Dr. Farmer-Thompson.

GRAND CANYON UNIVERSITY CELEBRATES ANOTHER GRADUATING CLASS OF NEARLY 30,000

Retrieved on: 
Giovedì, Aprile 25, 2024

PHOENIX, April 25, 2024 /PRNewswire/ -- Grand Canyon University produced nearly 30,000 graduates again in 2023-24 – the third straight year the university has approached that milestone.

Key Points: 
  • Expanding academic programs leads to continued growth in enrollment, graduates
    PHOENIX, April 25, 2024 /PRNewswire/ -- Grand Canyon University produced nearly 30,000 graduates again in 2023-24 – the third straight year the university has approached that milestone.
  • GCU will celebrate a 2023-24 graduating class of 28,985 during commencement ceremonies on April 25-26 for traditional students and May 1-3 for online students .
  • The graduating class includes those who completed their degrees in Summer 2023, Fall 2023 and projected graduates from Spring 2024.
  • Among the notable aspects of this year's graduating class of 29,436 students:
    5,388 are traditional students taking classes on the Phoenix campus, while 23,597 studied online.

Grand Canyon Education, Inc. Announces First Quarter 2024 Earnings Release Date and Conference Call Details

Retrieved on: 
Martedì, Aprile 16, 2024

PHOENIX, April 16, 2024 /PRNewswire/ -- Grand Canyon Education, Inc. (Nasdaq: LOPE) announced today that it will report its 2024 first quarter results after market close on Tuesday, May 7, 2024.

Key Points: 
  • PHOENIX, April 16, 2024 /PRNewswire/ -- Grand Canyon Education, Inc. (Nasdaq: LOPE) announced today that it will report its 2024 first quarter results after market close on Tuesday, May 7, 2024.
  • The Company will host a conference call to discuss the results in more detail at 1:30 P.M. (4:30 P.M.
  • Those interested in participating in the question-and-answer session should follow the conference dial-in instructions below.
  • Investors, journalists and the general public may access a live webcast of this event at: Q1 2024 Grand Canyon Education Inc. Earnings Conference Call .

Take Charge America Announces Manuel Salazar as Chief Executive Officer

Retrieved on: 
Giovedì, Marzo 28, 2024

Take Charge America, a national leader in nonprofit credit counseling and debt management, announced today that Manuel Salazar has been appointed CEO.

Key Points: 
  • Take Charge America, a national leader in nonprofit credit counseling and debt management, announced today that Manuel Salazar has been appointed CEO.
  • Prior to joining Take Charge America , Salazar served in executive leadership roles with two nonprofits supporting individuals with developmental disabilities.
  • “Take Charge America provides critical services for people struggling with their finances,” he said.
  • Additionally, Take Charge America offers housing counseling to individuals in various parts of the homeownership or rental journey.

SYNERGEN Health Strengthens ASC Offering with Director of Revenue Cycle Consulting

Retrieved on: 
Martedì, Marzo 26, 2024

SYNERGEN Health , an industry-leading provider of technology-enabled revenue cycle services and solutions for healthcare organizations, today announced the addition of Patricia Smith as Director of Revenue Cycle Consulting.

Key Points: 
  • SYNERGEN Health , an industry-leading provider of technology-enabled revenue cycle services and solutions for healthcare organizations, today announced the addition of Patricia Smith as Director of Revenue Cycle Consulting.
  • Smith brings more than 25 years of experience in healthcare revenue cycle management and Ambulatory Surgery Center (ASC) operations .
  • SYNERGEN’s holistic approach to ASC revenue cycle management addresses everything from process optimization to AI-driven denial management.
  • To learn more about SYNERGEN Health and its revenue cycle technology solutions and services, visit www.synergenhealth.com or follow us at @SYNERGENHealthLLC on LinkedIn.

Alsana Appoints Eating Disorder Industry Veteran Allan Benham as CEO

Retrieved on: 
Martedì, Aprile 2, 2024

WESTLAKE VILLAGE, Calif., April 2, 2024 /PRNewswire/ -- Allan Benham, BSN and MBA, a healthcare executive who specializes in leading organizations in the behavioral health treatment sector, has been appointed CEO of Alsana , an eating disorder recovery community.

Key Points: 
  • WESTLAKE VILLAGE, Calif., April 2, 2024 /PRNewswire/ -- Allan Benham, BSN and MBA, a healthcare executive who specializes in leading organizations in the behavioral health treatment sector, has been appointed CEO of Alsana , an eating disorder recovery community.
  • Benham has more than 20 years of experience in the healthcare industry.
  • "My passion for changing lives through recovery and for patients struggling with eating disorder behaviors patient aligns with Alsana's purpose: to provide compassionate, personalized treatment with a holistic approach, empowering people to embrace healing," said Benham.
  • with a Bachelor of Science in Nursing, Benham began his career as a Registered Nurse with Meadows Behavioral Health where he cared for patients with eating disorders.

ARIZONA VA AGENCY FINDS NO WRONGDOING IN AUDIT OF GRAND CANYON UNIVERSITY

Retrieved on: 
Lunedì, Marzo 11, 2024

PHOENIX, March 11, 2024 /PRNewswire/ -- The Arizona State Approving Agency (SAA) for the U.S. Department of Veterans Affairs has closed its most recent risk-based audit of Grand Canyon University with no findings.

Key Points: 
  • PHOENIX, March 11, 2024 /PRNewswire/ -- The Arizona State Approving Agency (SAA) for the U.S. Department of Veterans Affairs has closed its most recent risk-based audit of Grand Canyon University with no findings.
  • In a letter to GCU dated Feb. 21, the Arizona SAA stated it "did not have any substantiated findings based on our review of Grand Canyon University."
  • Further, the SAA stated, "There are no findings impacting the continued approval of Grand Canyon University at this time."
  • The SAA site visit also included reviews of specific areas relating to finances, enrollment, recruiting, student outcomes and other success measures.