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Wednesday, Jul 17, 2024
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Bridgepoint Education Reports Q2 Revenue of $124.6M

San Diego-based Bridgepoint Education, which provides postsecondary education services, reported net income of $6.3 million on revenue of $124.6 million in the second quarter, compared to $3.3 million on revenue of $138 million in the same quarter last year.

Bridgepoint (NYSE: BPI) runs Ashford University, which has three locations in addition to its San Diego headquarters, and University of the Rockies, a Colorado Springs-based school the company acquired in 2007.

Enrollment in the schools was 43,461 students as of June 30, down from 48,895 students on the same date the year prior.

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