National American University Holdings, Inc. Reports Fiscal 2019 First Quarter 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 October 11, 2018, at 11:00 a.m. ET Financial and Operational Highlights Credit hour enrollment in NAU’s online operation increased 34% during the FY 2019 first quarter (summer 2018 term) from the prior-year first quarter. Likewise, credit hour enrollments for the military division and Canada division increased 171% and 109%, respectively, during the FY 2019 first quarter from the prior-year first quarter.Combined enrollment in graduate and doctoral programs increased 28.0% to 612 students during the FY 2019 first quarter from the prior-year first quarter and 9.3% from the FY 2018 fourth quarter.Students enrolled in 45,860 credit hours in the FY 2019 first quarter, a 16.5% decrease from 54,951 credit hours during the prior-year first quarter, primarily due to a 5,536 year-over-year decrease in credit hours enrolled by teach-out students. Similarly, enrollment by total headcount decreased 15.9% from the prior-year first quarter, to 4,974 students as
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