Zovio: Q1 Earnings Snapshot

·1 min read

CHANDLER, Ariz. (AP) _ Zovio Inc (ZVO) on Wednesday reported a first-quarter loss of $9.5 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Chandler, Arizona-based company said it had a loss of 29 cents. Losses, adjusted for one-time gains and costs, were 10 cents per share.

The for-profit education company posted revenue of $76.9 million in the period.

The company's shares closed at $2.93. A year ago, they were trading at $2.59.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ZVO at https://www.zacks.com/ap/ZVO

The Associated Press

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