Thread regarding Zovio (formerly Bridgepoint Education Inc.) layoffs

Zovio's Finances (as of June 30, 2022)

This is what the Zovio balance sheet looked like before the deal:

Assets: $85 million ($20 million cash)
Liabilities: $79 million
Loss Last Q: $4.7 million
Shareholder Equity: $6 million (for 33 million shares)

For those at UAGC, welcome to University of Arizona.

https://www.thelayoff.com/t/1i28W27e

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| 702 views | | 6 replies (last )
Post ID: @OP+1ihYztBv

6 replies (most recent on top)

16 cents...

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Post ID: @zncv+1ihYztBv

21 cents.

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Post ID: @wykt+1ihYztBv

22 cents.

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Post ID: @uwty+1ihYztBv

Share price 23 cents.

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Post ID: @sgkn+1ihYztBv

Zovio shares selling at 27 cents. Delisting warning likely this month.

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Post ID: @hluo+1ihYztBv

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