ITT Educational Services (ESI), a provider of technology-oriented postsecondary degree programs, posted second quarter net income of $0.7 million or $0.03 per share, compared to $0.4 million or $0.02 per share, last year.
Revenue slipped to $214.2 million from $238.1 million in the prior year.
Analysts polled by Thomson Reuters expected the company to earn $0.10 per share and revenues of $211.60 million for the quarter. Analysts' estimates typically exclude special items.
For comments and feedback contact: editorial@rttnews.com
Business News