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Apollo Education Group Inc (APOL.O)

APOL.O on Nasdaq

9.59USD
9 Dec 2016
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$0.24 (+2.57%)
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Latest Key Developments (Source: Significant Developments)

Apollo Education says evaluating DoE preacquisition response
Thursday, 8 Dec 2016 08:15am EST 

Apollo Education Group Inc : Apollo Education- department indicated continued participation of university in title IV programs after merger would be subject to certain conditions . Apollo Education Group Inc - currently evaluating DoE preacquisition response and its implications for merger . Apollo Education Group Inc - U.S. Department of Education provided its response to preacquisition review application filed by University Of Phoenix . Apollo Education Group Inc - conditions include posting of a letter of credit with department within ten days of merger in amount of $385.6 million .Apollo - either Queso, co can abandon deal if conditions relating to preacquisition review response are not satisfied, are not curable prior to Feb 1.  Full Article

Apollo Education Group posts Q3 earnings per share $0.19
Thursday, 7 Jul 2016 05:20pm EDT 

Apollo Education Group Inc: Apollo Education Group Inc reports third quarter fiscal year 2016 results . Q3 earnings per share $0.19 . Q3 earnings per share $0.19 from continuing operations . Q3 earnings per share view $0.28 -- Thomson Reuters I/B/E/S . Q3 revenue $558 million versus I/B/E/S view $547 million . Q3 earnings per share $0.37 from continuing operations excluding items .Due to pending merger transaction announced February 8, 2016, company is not providing an updated financial outlook at this time.  Full Article

Apollo Education Group shareholders approve merger agreement
Friday, 6 May 2016 04:50pm EDT 

Apollo Education Group Inc : Apollo Education Group shareholders approve merger agreement to be acquired by consortium of investors . Over 63 percent of class a shares voted at special meeting of shareholders today voted in favor of transaction . One hundred percent of class B shares voted in favor of proposals .Shareholders approved merger agreement proposed acquisition by consortium of investors, including Vistria Group, LLC.  Full Article

Apollo Education Group, Inc acquires Career Partner GmbH
Friday, 11 Dec 2015 08:00am EST 

Apollo Education Group, Inc:Apollo global acquires career partner gmbh.Deal for about EUR 96 million.Says acquisition is expected to be value accretive to Apollo Education Group and its shareholders.Through a wholly-owned subsidiary, has acquired all of the outstanding shares in the company.Deal includes about $105 million as of the transaction date, plus contingent cash payment of up to EUR11 million.  Full Article

Apollo Education Group Inc lowers FY 2015 guidance
Thursday, 22 Oct 2015 07:30am EDT 

Apollo Education Group Inc:Expects FY 2015 net revenue of $2.18 to $2.23 billion.Expects FY 2015 operating income of $115 to $140 million, excluding the impact of special items.FY 2015 revenue of $2.60 billion and EBIT of $202 million - Thomson Reuters I/B/E/S.  Full Article

Apollo Education Group Announces New CFO
Monday, 5 Oct 2015 06:00pm EDT 

Apollo Education Group, Inc:Says promotion of Gregory Iverson to serve as co's chief financial officer, effective Oct. 26, 2015.Iverson succeeds Joseph D'Amico, who has been serving as interim CFO since May.  Full Article

Apollo Education Group Inc lowers FY 2015 guidance
Monday, 29 Jun 2015 04:05pm EDT 

Apollo Education Group Inc:Expects FY 2015 net revenue of $2.60 to $2.62 billion.Expects FY 2015 operating income of $190 to $200 million, excluding the impact of special items.FY 2015 revenue of $2.63 billion and EBIT of $205 million - Thomson Reuters I/B/E/S.  Full Article

Apollo Education Group Inc announces CFO departure
Tuesday, 28 Apr 2015 04:20pm EDT 

Apollo Education Group Inc:Says Brian Swartz, CFO resigns from his position, effective May 15.Says Joseph D'Amico has been appointed to serve as interim CFO effective upon Swartz's departure.  Full Article

Apollo Education Group Inc gives Q3 2015 guidance below analysts' estimates; lowers FY 2015 guidance
Wednesday, 25 Mar 2015 07:30am EDT 

Apollo Education Group Inc:Expects Q3 2015 net revenue of $690 to $705 million.Expects Q3 2015 operating income of $85 to $95 million, excluding the impact of special items.Expects FY 2015 net revenue of $2.63 to $2.68 billion.Expects FY 2015 operating income of $200 to $230 million, excluding the impact of special items.Q3 2015 revenue of $741 million and EBIT of $123 million - Thomson Reuters I/B/E/S.FY 2015 revenue of $2.73 billion and EBIT of $250 million - Thomson Reuters I/B/E/S.  Full Article

Apollo Education Group Inc gives Q2 2015 guidance below analysts' estimates; lowers FY 2015 guidance
Thursday, 8 Jan 2015 07:30am EST 

Apollo Education Group Inc:Expects FY 2015 net revenue of $2.74 to $2.80 billion.Expects FY 2015 operating income of $250 to $290 million.Expects Q2 2015 net revenue of $580 to $595 million.Expects Q2 2015 operating loss of $25 to $35 million, excluding the impact of special items.Q2 2015 revenue of $611 million and EBIT of $12 million - Thomson Reuters I/B/E/S.FY 2015 revenue of $2.80 billion and EBIT of $308 million - Thomson Reuters I/B/E/S.  Full Article

U.S. Dept of Education conditions may threaten Apollo Education takeover

Apollo Education Group Inc said the U.S. Department of Education's conditions for the company to remain eligible for the student federal aid program after being acquired by a group of private equity firms could derail the deal.