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Stock impact report

EpicQuest Education's Davis College Receives HLC Approval for Two New STEM Programs Expected to Lead to a Substantial Revenue Increase from India and China [Yahoo! Finance]

EpicQuest Education Group International Limited (EEIQ) 
Company Research Source: Yahoo! Finance
MIDDLETOWN, Ohio Feb. 27, 2024 /PRNewswire/ -- EpicQuest Education Group International Limited (NASDAQ: EEIQ ), ("EpicQuest Education", "EEIQ" or the "Company"), a provider of higher education for domestic and international students in the US, Canada and the UK, today announced that on February 23, 2024 , Davis University received approval from the Higher Learning Commission ("HLC") to offer two STEM degree programs, an Associate of Applied Science in Data Science and an Associate of Applied Science in Computer Engineering. These two programs are expected to lead to a substantial increase in revenue from tuition and service fees for this fiscal year. The Company expects the number of students recruited from China will be at least doubled, and students from India will constitute a significant revenue stream for the Company. EpicQuest Education plans to target recruiting from India as the US remains the top choice for Indian students pursuing higher education abroad. According to the Show less Read more
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