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Bridgepoint Education, Inc. (BPI) Message Board

  • js291955 js291955 Nov 5, 2012 7:36 AM Flag

    Today's Q3 results show BPI with $8.91 per share in cash

    "As of September 30, 2012, the Company had cash, cash equivalents and marketable securities of $471.4 million, compared with $407.2 million as of December 31, 2011."

    Shares outstanding are 50.88 million.

    $471.4 million divided by 50.88 million shares = $8.91 per share in cash and no debt.

    Sentiment: Strong Buy