Thread regarding Bridgepoint Education Inc. layoffs

Results of 3rd Quarter: Revenues down 33%, $5 million loss, 67% loss of cash on hand

If you missed the Q3 earnings call, you didn't miss much. Zovio continues to be in financial trouble--and the Ashford rebrand hasn't made a difference. Share price is close to at all-time low. This is not the end, but it's not good.

https://seekingalpha.com/article/4462728-zovio-inc-zvo-ceo-george-pernsteiner-on-q3-2021-results-earnings-call-transcript

https://seekingalpha.com/news/3760140-zovio-falls-after-enrolment-pressure-tips-revenue-miss

by
| 884 views | | 3 replies (last )
Post ID: @OP+1dyhs2wE

3 replies (most recent on top)

Cash runway is getting smaller...

https://simplywall.st/stocks/us/consumer-services/nasdaq-zvo/zovio

by
|
Post ID: @wtff+1dyhs2wE

It’s just a matter of time. You can’t out brand a bad reputation. A wolf in sheep’s clothing is still a wolf.

by
|
Post ID: @1rma+1dyhs2wE

Like you couldn't see it coming?

"After working at the school for a decade, he said that the situation had changed for the worse, ""restricting creativity, inhibiting instruction, and demoralizing otherwise talented, motivated, and forward-thinking educators."'

https://www.highereducationinquirer.org/2019/11/ashford-university-suitor-joining.html

by
|
Post ID: @1tml+1dyhs2wE

Post a reply

: