Thread regarding Purdue University/West Lafayette layoffs

More losses. Doubling dowin on PG marketing.

Revenues:
Last Quarter $76,288,000 ($85,981,000 in 2018)
Last 6 Months $159.068 ($185,811,000 in 2018)

Even with cost cutting the margins are tightening

Income:
Last Quarter $2,721 ($11,219 in 2018)
Last 6 Months $4,636 ($12,574 in 2018)

GHC reports that KHE has increased assets, but I'm not sure how.

"In the second quarter and first six months of 2019, Higher Education revenue was down 11% and 14%, respectively, due to the KU Transaction. In the first six months of 2019, the Company recorded a portion of the service fee with Purdue Global based on an assessment of its collectability under the TOSA. This resulted in a decline in Higher Education results for the first six months of 2019, as the Company recorded the full service fee for Purdue Global for the first six months of 2018. Following the transition from KU, Purdue Global launched a planned marketing campaign to fully establish its new brand. This significant marketing spend, which the Company supports, impacts the cash generated by Purdue Global and its current ability to fully pay the KHE service fee under the TOSA. The Company will continue to assess the collectability of the service fee with Purdue Global on a quarterly basis to make a determination as to whether to record all or part of the service fee in the future and whether to make adjustments to service fee amounts recognized in earlier periods.'

https://www.sec.gov/ix?doc=/Archives/edgar/data/104889/000010488919000031/a2019q210-q.htm

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