Inactive Instrument

Greenwood Hall, Inc.

Equities

ELRN

US39715T1007

Greenwood Hall, Inc. Reports Unaudited Earnings Results for the Fourth Quarter and Year Ended August 31, 2016

December 06, 2016 at 04:00 pm EST

Greenwood Hall, Inc. reported unaudited earnings results for the fourth quarter and year ended August 31, 2016. For the quarter, the company generated $2,603,737 in revenue from EdTech, a side of the company’s business which includes all of technology-enabled solutions offerings to higher education, representing an increase of $1,203,251, or 86%, compared to fourth quarter of 2015. Adjusted LBITDA was $44,183 compared to $875,125 a year ago. Net loss was $1,517,213 compared to $5,071,530 a year ago. For the year, the company generated $6,141,229 in EdTech revenue, an increase of $1,930,052, or 46%, compared to last year. Net loss was $8,524,428 compared to $9,841,911 a year ago. Adjusted LBITDA was $44,183 compared to $875,125 a year ago.

Latest news about Greenwood Hall, Inc.

Greenwood Hall, Inc. announced that it has received $0.05 million in funding from PowerUp Lending Group, Ltd.	17-09-19	CI
Greenwood Hall, Inc. announced that it has received $0.094 million in funding from EMA Financial LLC	17-09-18	CI
Greenwood Hall, Inc. announced that it expects to receive $0.09 million in funding from EMA Financial LLC	17-08-28	CI
Greenwood Hall, Inc. Appoints William Bradfield as Chief Executive Officer	17-08-16	CI
Greenwood Hall, Inc. Announces the Resignation of John Hall as Chief Executive Officer, Chairman and Director on the Board	17-07-28	CI
Greenwood Hall, Inc. Announces Board Resignations	17-07-17	CI
Greenwood Hall, Inc. Announces Earnings Results for the Second Quarter Ended February 28, 2017	17-04-24	CI
Greenwood Hall, Inc. Appoints Timothy Boris as General Counsel and Chief Operating Officer	17-04-06	CI
Greenwood Hall, Inc. Announces Earnings Results for the First Quarter Ended November 30, 2016	17-02-01	CI
Greenwood Hall, Inc. Reports Revenue Results for the First Quarter of 2017	17-01-31	CI
Greenwood Hall, Inc. Provides Revenue Guidance for the First Quarter Ended November 30, 2016 and Full Year Ending August 31, 2017	16-12-15	CI
Greenwood Hall, Inc. Reports Unaudited Earnings Results for the Fourth Quarter and Year Ended August 31, 2016	16-12-06	CI
Greenwood Hall, Inc. Auditor Raises 'Going Concern' Doubt	16-12-05	CI
Greenwood Hall, Inc. Announces Board Changes	16-11-29	CI
Troy University Renews Student Services Support Partnership with Greenwood Hall	16-11-09	CI
Greenwood Hall, Inc. Announces Board Resignations	16-11-07	CI
Greenwood Hall Completes $4 Million New Financing to Replace and Restructure Existing Debt	16-10-19	CI
Greenwood Hall, Inc. announced that it has received $3.5 million in funding	16-10-13	CI
Cleary University Partners with Greenwood Hall, Inc. to Enhance Enrollment and Student Success	16-08-23	CI
Greenwood Hall, Inc. cancelled the acquisition of Uvize, Inc.	16-08-18	CI
Greenwood Hall, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended May 31, 2015; Provides Earnings Guidance for the Fiscal Year 2017	16-07-20	CI
Oklahoma City Community College Partners with Greenwood Hall, Inc. to Enhance Student Success and Experience	16-07-19	CI
Nevada State College Selects Greenwood Hall, Inc. to Provide Student-Centric Financial Aid Advising Solution	16-07-06	CI
Greenwood Hall, Inc. Revises Earnings Guidance for the Period from September 1, 2015 to August 31, 2016; Provides Earnings Guidance for the Full Year of 2017	16-06-07	CI
University of the Southwest Extends Six Year Partnership with Greenwood Hall, Inc	16-06-06	CI

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Company Profile

Greenwood Hall, Inc. is an education management solutions provider that provides cloud-based education management services that address the entire student lifecycle. The Company provides end-to-end services ranging from recruitment and student enrollment to post-graduation job placement, career networking and alumni relations. The Company's services include enrollment management solutions, including lead generation/marketing, prospective student qualification, new student recruitment and enrollment counseling; retention counseling/coaching and the reengagement of students having dropped out of a particular institution, and student support solutions, including help desk, career advising, student concierge and financial aid advising services. The Company also provides consulting services, various data and technology enabled solutions, and management services. As of November 30, 2016, the Company served more than 60 education clients and more than 75 individual degree programs.

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