Bridgepoint: 3Q Earnings Snapshot
SAN DIEGO (AP) _ Bridgepoint Education Inc. (BPI) on Thursday reported third-quarter profit of $4.3 million.
The San Diego-based company said it had net income of 16 cents per share. Earnings, adjusted for non-recurring costs and restructuring costs, were 29 cents per share.
The for-profit education company posted revenue of $114.9 million in the period.
Bridgepoint shares have increased 20 percent since the beginning of the year. In the final minutes of trading on Thursday, shares hit $9.97, a rise of 5.5 percent in the last 12 months.