Key Developments: Apollo Education Group Inc (APOL.O)

APOL.O on Nasdaq

25.67USD
23 Oct 2014
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Latest Key Developments (Source: Significant Developments)

Apollo Education Group Inc gives FY, Q1 2015 outlook
Tuesday, 21 Oct 2014 07:30am EDT 

Apollo Education Group Inc:Expects FY 2015 net revenue in the range of $2.80 to $2.85 bln.Expects FY 2015 operating income in the range of $300 to $325 mln, excluding the impact of special items.Expects Q1 2015 net revenue in the range of $720 to $730 mln.Expects Q1 2015 operating income in the range of $70 to $75 mln, excluding the impact of special items.FY 2015 revenue of $2.80 bln - Thomson Reuters I/B/E/S.  Full Article

Apollo Education Group Inc narrows FY 2014 outlook to a range in line with analysts' estimates
Wednesday, 25 Jun 2014 07:30am EDT 

Apollo Education Group Inc:Expects FY 2014 net revenue of $3.04 to $3.06 bln.Expects FY 2014 operating income of $420 to $435 mln, excluding the impact of special.FY 2014 revenue of $3.05 bln, EBIT of $433 mln - Thomson Reuters I/B/E/S.  Full Article

Pomerantz LLP announces the filing of a class action against Apollo Education Group, Inc. and certain officers
Friday, 20 Jun 2014 01:50pm EDT 

Pomerantz LLP:Files class action lawsuit against Apollo Education Group, Inc. and certain of its officers.Class action, filed in United States District Court, District of Arizona, is on behalf of a class consisting of all persons or entities who purchased or otherwise acquired Apollo securities between Oct. 19, 2011 and April 01, 2014, both dates inclusive (Class Period).This class action seeks to recover damages against Defendants for alleged violations of the federal securities laws.  Full Article

Faruqi & Faruqi, LLP Reminds Investors in Apollo Education Group, Inc. of imminent deadline to protect rights
Friday, 20 Jun 2014 09:30am EDT 

Apollo Education Group Inc:Faruqi & Faruqi, LLP, leading national securities law firm, reminds investors in Apollo Education Group, Inc. of June 23 deadline to seek role of lead plaintiff in federal securities class action lawsuit filed against Apollo Education and certain executives.Complaint has been filed in the District of Arizona on behalf of all persons who purchased or otherwise acquired Apollo Education securities between Oct. 19, 2011 and April 1 inclusive.Complaint alleges that the company and its executives violated federal securities laws with respect to its disclosures concerning its business, operations, and prospects.Specifically, the action alleges that throughout the Class Period, defendants made false and/or misleading statements and/or failed to disclose that.Apollo Education engaged in the manipulation of federal student loan and grant programs in order to appear to be compliant with federal regulations enacted in June 2011.Says violated federal regulations enacted in June 2011 by engaging in predatory and deceptive recruiting and enrollment practices; and Apollo Education created the appearance that it was compliant with government regulations by engaging in certain practices, including loan forbearance programs.  Full Article

Pomerantz Law Firm announces filing of class action against Apollo Education Group, Inc
Friday, 23 May 2014 03:27pm EDT 

Pomerantz LLP:Filed a class action lawsuit against Apollo Education Group, Inc and certain of its officers.Complaint alleges that defendants manipulated federal student loan and grant programs in order to appear to be in compliance with new federal regulations enacted in June 2011.Complaint alleges that defendants' predatory and deceptive recruiting and enrollment practices violated federal regulations enacted beginning in June 2011.Says company engaged in a number of practices, including loan forbearance programs, in order to create the appearance that the company was in compliance with relevant government regulations.  Full Article

Apollo Education Group enters Africa with Milpark Education acquisition
Tuesday, 20 May 2014 09:00am EDT 

Apollo Education Group:Announced its wholly-owned subsidiary Apollo Global, Inc. closed on the acquisition of an 81 pct consolidated interest in Milpark Education (Pty) Ltd for about 265 million Rand ($25.6 million based on current exchange rates).  Full Article

Apollo Education Group Inc reaffirms FY 2014 outlook
Tuesday, 1 Apr 2014 04:00pm EDT 

Apollo Education Group Inc:Expects FY 2014 net revenue of $3.0 - $3.1 bln.Expects FY 2014 operating income of $400 - $450 mln, excluding the impact of special items.FY 2014 revenue of $3.06 bln, EBIT of $438 mln - Thomson Reuters I/B/E/S.  Full Article

Apollo Education Group Inc raises FY 2014 revenue guidance; raises low end of prior FY 2014 operating income guidance
Tuesday, 7 Jan 2014 04:05pm EST 

Apollo Education Group Inc:Says FY 2014 Net revenue of $3.0 -- $3.1 billion.Says FY 2014 operating income of $400 -- $450 million, excluding the impact of special items and restructuring and other charges.FY 2014 revenue of $3.04 billion - Thomson Reuters I/B/E/S.  Full Article

Apollo Group Inc announces name change to Apollo Education Group Inc-Form 8-K
Friday, 15 Nov 2013 08:01am EST 

Apollo Group Inc:Says effective Nov. 15 it changed its name to Apollo Education Group, Inc.  Full Article

Apollo Group Inc Issues FY 2014 Guidance; Revenue Guidance Below Analysts' Estimates
Tuesday, 22 Oct 2013 04:05pm EDT 

Apollo Group Inc announced that for fiscal 2014, it expects net revenue of $2.95 - $3.05 billion and operating income of $375 - $450 million, excluding the impact of special items including restructuring and other charges. According to I/B/E/S Estimates, analysts on an average are expecting the Company to report revenues of $3.21 billion for fiscal 2014.  Full Article

Apollo Education says fall in student enrollments slows

- Apollo Education Group Inc said it expects new student enrollments at its flagship University of Phoenix to decline at a smaller rate in the coming year, offering hope that the worst is over for the beleaguered U.S. for-profit education industry.

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