This Day On The Street
Continue to site
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

Capella Education Company Reports Second Quarter 2012 Results

Capella Education Company (NASDAQ:CPLA), a provider of online post-secondary education, primarily through its wholly owned subsidiary Capella University, today announced financial results for the three months ended June 30, 2012.

“Leading business indicators are strengthening,” said Kevin Gilligan, chairman and chief executive officer. “While the market environment remains challenging, we have improved our execution as we continue to gain experience in our new marketing and learner success strategies,” continued Gilligan. “Capella has a reputation for quality online academic programs, a track record of regulatory compliance and demonstrated career outcomes for our graduates. This is a strong foundation as we build Capella for long-term sustainable growth.”

For the three months ended June 30, 2012:
  • Revenues were $106.2 million, compared to $106.4 million in the second quarter of 2011, a decrease of 0.2 percent.
  • Operating income was $18.1 million, compared to $23.9 million for the same period in 2011. Operating margin was 17.0 percent, compared to 22.5 percent for the second quarter 2011.
  • Net income attributable to Capella Education Company for the second quarter of 2012 was $11.4 million, compared to $15.5 million for the same period in 2011.
  • Diluted net income per share was $0.85, compared to $0.99 for the same period in 2011.
  • Capella University total active enrollment decreased 4.6 percent to 36,336 and new enrollment decreased by 6.0 percent from second quarter 2011.

For the six-month period ended June 30, 2012:
  • Revenues decreased by 1.0 percent to $215.6 million, compared to $217.8 million for the same period in 2011.
  • Operating income for the six-month period ended June 30, 2012 was $36.0 million, or 16.7 percent of revenue, compared to $46.4 million, or 21.3 percent of revenue during the same period in 2011.
  • Net income was $22.7 million or $1.67 per weighted average number of diluted shares outstanding, compared to $30.1 million or $1.89 per share for the same period in 2011.

Balance Sheet and Cash Flow

As of June 30, 2012, the Company had cash, cash equivalents, and marketable securities of $123.7 million, compared to $127.0 million at Dec. 31, 2011, and no debt for the same periods.

1 of 5

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
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAPL $92.14 -1.20%
FB $118.96 0.98%
GOOG $708.23 0.97%
TSLA $215.10 1.70%
YHOO $37.08 0.38%


Chart of I:DJI
DOW 17,685.61 +24.90 0.14%
S&P 500 2,050.59 -0.04 -0.00%
NASDAQ 4,711.58 -5.5140 -0.12%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs