Legacy Education Shares Rise on Higher Profit, Revenue in 3Q

Dow Jones

2025/05/16

By Kelly Cloonan

Shares of Legacy Education advanced after the company posted higher profit and revenue as enrollment in its post-secondary education programs increased.

The stock rose 18% to $9.15 on Thursday in after-hours trading. Through the close shares are off by 6.5% this year.

Legacy posted a fiscal third-quarter profit of $2.8 million, or 21 cents a share, compared with $1.8 million, or 19 cents a share, a year earlier. Analysts polled by FactSet expected earnings of 13 cents a share.

Revenue rose 51% to $18.6 million, beating the $16.8 million forecast of analysts.

The higher revenue was driven by a 50% increase in enrollment from a year ago, which includes students added from the acquisition of Contra Costa Medical Career College, the company said.

Write to Kelly Cloonan at kelly.cloonan@wsj.com

(END) Dow Jones Newswires

May 15, 2025 18:51 ET (22:51 GMT)

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Through the close shares are off by 6.5% this year. \n</p>\n<p>\n  Legacy posted a fiscal third-quarter profit of $2.8 million, or 21 cents a share, compared with $1.8 million, or 19 cents a share, a year earlier. 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Through the close shares are off by 6.5% this year. \n\n\n  Legacy posted a fiscal third-quarter profit of $2.8 million, or 21 cents a share, compared with $1.8 million, or 19 cents a share, a year earlier. Analysts polled by FactSet expected earnings of 13 cents a share. \n\n\n  Revenue rose 51% to $18.6 million, beating the $16.8 million forecast of analysts. \n\n\n  The higher revenue was driven by a 50% increase in enrollment from a year ago, which includes students added from the acquisition of Contra Costa Medical Career College, the company said. \n\n\n \n\n\n  Write to Kelly Cloonan at kelly.cloonan@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  May 15, 2025 18:51 ET (22:51 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"dataReport","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}