This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

National American University Holdings, Inc. Reports Fiscal 2011 Fourth Quarter And Year-End Results

National American University Holdings, Inc. (the “Company”) (NASDAQ: NAUH), which through its wholly owned subsidiary operates National American University (“ NAU”), a regionally accredited, proprietary, multi-campus institution of higher learning, today reported unaudited financial results for its fiscal year 2011 fourth quarter and audited results for its fiscal year ended May 31, 2011.

The Company, through its wholly owned subsidiary, operates in two business segments: academic segment, which consists of NAU’s undergraduate and graduate education programs and contributes the primary portion of the Company’s revenue; and ownership in multiple apartments and condominium complexes from which it derives sales and rental income.

Ronald L. Shape, Ed.D., Chief Executive Officer of the Company, commented, “We reported a solid fourth quarter and a very strong year. We achieved year-over-year enrollment growth of 14% to a record 10,000 students in the fourth quarter, marking another milestone in our Company’s history. While the enrollment percentage has declined from the tremendous growth over the course of 2010, it continues to exceed our historical growth rate. During the year, there were a number of industry headwinds from outside influences that we believe are finally beginning to abate, and throughout it all, we have remained committed to our core values. These include our focus on serving our students, our highly adaptable hybrid learning centers, our academically respected nursing and allied health programs, our growing educational affiliations that provide opportunity for revenue diversification, and our ongoing commitment to high demand, career-oriented programs and flexible options for a growing and changing student base.”

Facility Expansion

The Company’s wholly owned subsidiary currently owns one property and leases 31 locations for educational sites in the states of Colorado, Kansas, Minnesota, Missouri, Nebraska, New Mexico, Oklahoma, Oregon, South Dakota and Texas. The following sites are pending regulatory approvals:

  • Mesquite, TX
  • Weldon Spring, MO
  • Richardson, TX
  • Tigard, OR
  • Bellevue, NE (only pending final state approval – has received conditional approval)

NAU has continued to expand its academic and degree programs online. In addition, NAU continues to operate hybrid learning centers, which utilize small physical facilities in strategic geographic areas, allowing its students to meet face-to-face with staff for assistance on their educational choices and related services while completing the majority of the coursework online.

1 of 4

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

DOW 18,069.03 +28.66 0.16%
S&P 500 2,109.24 -2.49 -0.12%
NASDAQ 5,075.9630 -6.9660 -0.14%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs