National American University Holdings, Inc. Reports Un-Audited Consolidated Earnings Results for the First Quarter Ended August 31, 2017
September 27, 2017 at 04:15 pm EDT
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National American University Holdings, Inc. reported un-audited consolidated earnings results for the first quarter ended August 31, 2017. For the quarter, the company reported revenue of $19.8 million compared to $21.1 million, operating loss of $3.9 million compared to $2.9 million, loss before income taxes of $4.1 million compared to $3.0 million, net loss attributable to the company and subsidiaries of $3.8 million or $0.16 per diluted share compared to $2.1 million or $0.09 per diluted share and LBITDA of $2.7 million compared to $1.5 million for the last year.
National American University Holdings, Inc., through its wholly owned subsidiary, Dlorah, Inc., operates National American University (NAU). NAU is a regionally accredited, institution of higher learning offering associate, bachelor's, master's, and doctoral degree programs in technical and professional disciplines. NAU consists of a group of educators, which helps its students to achieve their educational goals to advance their career opportunities. The Company's courses are offered primarily through online instruction.