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IBDvalueinvestin (99.64)

Education stocks finding a bid. APOL, EDU, (Watch CEU)

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September 21, 2009 – Comments (1) | RELATED TICKERS: APOL , EDU

APOL Apollo Group extends its strong intraday run back near its 5 month high from June at 72.50 -- session high 72.40 (72.39 +3.37)

 

1 Comments – Post Your Own

#1) On September 21, 2009 at 12:16 PM, IBDvalueinvestin (99.64) wrote:

CEU growth is basically in one word EXPLODING :

# Revenue grew 82.1% year-over-year to $8.1 million in 2Q09.

# Net income grew 95.4% to $3.2 million in 2Q09 from $1.7 million in 2Q08. # $4.5 million in operating cash flow in 2Q09, representing 155% growth year-over-year.

# Strong balance sheet with $29.3 million in working capital.

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