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Bridgepoint reports 4Q loss

SAN DIEGO (AP) _ Bridgepoint Education Inc. (BPI) on Tuesday reported a loss of $13.8 million in its fourth quarter.

The San Diego-based company said it had a loss of 30 cents per share. Losses, adjusted for one-time gains and costs, were 1 cent per share.

The for-profit education company posted revenue of $119.5 million in the period.

For the year, the company reported that its loss narrowed to $30 million, or 65 cents per share. Revenue was reported as $527.1 million.

Bridgepoint shares have declined 8 percent since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $9.31, a rise of 35 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BPI at https://www.zacks.com/ap/BPI


Keywords: Bridgepoint Education, Earnings Report