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

Dow Jones

May 16, 2025

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\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. 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