- Education technology company Aspen Group Inc ASPU reported fourth-quarter sales of $19.1 million, up 35% year-on-year, exceeding the consensus by $0.58 million.
- Total bookings amounted to $32.2 million, up 21% Y/Y.
- The company will report full-year fiscal revenue for the year ended April 30, 2021, on July 13, 2021.
- “As COVID-19 infection rates rapidly declined in the fourth quarter, the new course starts for our post-licensure nursing degree programs returned to pre-pandemic rates, delivering stronger than anticipated revenue,” said Michael Mathews, Chief Executive Officer.
- Price action: ASPU shares are trading higher by 7.80% at $6.43 on the last check Wednesday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in
