Revenue Update on Capella Education Company(NASDAQ:CPLA)

Capella Education Company(NASDAQ:CPLA) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during Pre-market on Jul 26, 2016. Company reported revenue of $106.72M. Analysts estimated a revenue of $105.76M. Earnings per share were $0.93. Analysts had estimated an EPS of $0.87.

Capella Education Company (CPLA) made into the market gainers list on Fridays trading session with the shares advancing 0.84% or 0.5 points. Due to strong positive momentum, the stock ended at $59.87, which is also near the day’s high of $60.02. The stock began the session at $59.17 and the volume stood at 90,406 shares. The 52-week high of the shares is $63.01 and the 52 week low is $39.06. The company has a current market capitalization of $692 M and it has 1,15,63,695 shares in outstanding.

Several Insider Transactions has been reported to the SEC. On May 19, 2016, Darrell R Tukua (director) sold 250 shares at $52.23 per share price.Also, On Apr 20, 2016, Stephen G Shank (director) sold 5,650 shares at $50.95 per share price.On Aug 28, 2015, J Kevin Gilligan (CEO) purchased 1,000 shares at $47.48 per share price, according to the Form-4 filing with the securities and exchange commission.

Capella Education Company is an online postsecondary education services company. The Company’s academic programs are delivered through its wholly owned subsidiary Capella University (the University) an online academic institution offering online postsecondary education services primarily to working adults. The University offers a variety of doctoral master’s and bachelor’s programs in the public service leadership nursing and health sciences behavioral health and human services business management and information technology and education markets. The Company also offers educational programming through its other subsidiaries: Resource Development International (RDI) an independent provider of United Kingdom university distance learning qualifications; Sophia Learning LLC (Sophia) a social teaching and learning platform that integrates education with technology and Capella Learning Solutions (CLS) a provider of online training solutions and services to corporate partners.

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