Grand Canyon Education Q2 revenue rises 8.0%, diluted EPS $1.19 vs $0.96
Grand Canyon Education reported second quarter 2024 service revenue of $227.5 million, up 8.0% from a year earlier, and net income of $34.9 million, up 20.4%. The company also issued Q3 and full-year 2024 guidance, including full-year diluted EPS of $7.63 to $7.81, which shareholders can compare with future results.
Key points
- Service revenue was $227.5 million for the quarter ended June 30, 2024, up $16.9 million, or 8.0%, from $210.6 million.
- Diluted EPS was $1.19 versus $0.96 a year earlier; operating margin was 18.8% versus 16.8%.
- Included $1.1 million in severance costs tied to an executive who resigned effective June 30, 2024.
- Guidance: Q3 2024 diluted EPS of $1.37 to $1.43; full-year 2024 diluted EPS of $7.63 to $7.81.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:49 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 06, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.