Bridgepoint Education Reports Q4 EPS of $0.45 vs. $0.37

Bridgepoint Education BPI announced today the results for its fourth quarter ended December 31, 2010. Revenue increased to $192.4 million from $131.8 million for the same period in 2009. Net income was $26.3 million, compared with net income of $19.6 million for the same period in 2009. Fully diluted earnings per common share increased to $0.45 from $0.33 for the same period in 2009.