National American University Holdings, Inc. Reports Fiscal 2018 Fourth Quarter and Year-End Results
NATL AMER UNIVERSITY HLDG (NAUH)
US:NASDAQ Investor Relations:
national.edu/about-nau/investor-relations
Company Research
Source: GlobeNewswire
Company to host conference call on August 16, 2018, at 11:00 a.m. ET Financial and Operational Highlights Credit hour enrollment in NAU’s online operation increased 48% during the FY 2018 fourth quarter (spring 2018 term) from the prior-year fourth quarter as the online division continues to be a major focus. Likewise, credit hour enrollments for its military and Canada divisions increased 188% and 121%, respectively, year over year.Combined enrollment in graduate and doctoral programs increased 20.7% to 560 students during the FY 2018 fourth quarter from the prior-year fourth quarter.Students enrolled in 53,227 credit hours in the FY 2018 fourth quarter, a 13.8% decrease from 61,771 credit hours during the prior-year fourth quarter, primarily due to a 6,126 year-over-year decrease in credit hours enrolled by teach-out students. Similarly, enrollment by total headcount decreased 15.7% from the prior-year fourth quarter, to 5,648 students as of May 31, 2018, as a result of a decrease
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