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Zovio: 2Q Earnings Snapshot

SAN DIEGO (AP) _ Zovio Inc (ZVO) on Wednesday reported a second-quarter loss of $17.6 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the San Diego-based company said it had a loss of 58 cents. Losses, adjusted for one-time gains and costs, came to 15 cents per share.

The for-profit education company posted revenue of $107.5 million in the period.

In the final minutes of trading on Wednesday, the company's shares hit $4.03. A year ago, they were trading at $13.21.


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