Education services company Grand Canyon Education has reported net income of $47 million for the second quarter of 2020, down from $51.1 million reported for Q2 2019.

Service revenue for the quarter was $185.8 million, up from $174.8 million reported for the second quarter of 2019.

The Phoenix, Arizona-based company also reported results for the first six months of 2020. Net income for the period was $118.4 million, down from $124.4 million reported for the first six months of 2019.

Service revenue for period was $407.4 million, up from $372.1 million reported for the first six months of 2019.

Pictured: Grand Canyon Education Student Service Center in Phoenix, Arizona.
 

Date published: 5 August 2020

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