“Capella University's Latest 'Inside Online Education' Podcast Offers Tips and Advice for Brand New Students” plus 1 more |
| Posted: 28 Jul 2010 07:52 AM PDT Press Release Source: Capella University On Wednesday July 28, 2010, 10:52 am EDT MINNEAPOLIS--(BUSINESS WIRE)--Capella University an accredited online university* that has built its reputation by providing high quality online degree programs for working adults, has released its latest Inside Online Education podcast (http://www.capellacommons.com/2010/07/27/tips-and-advice-for-new-capella-learners). It offers an overview of specific tips and advice for new learners to help them be as successful as possible at Capella. More than 38,000 students are pursuing an online degree at Capella University (http://www.capella.edu), with 31 percent enrolled in Capella's doctoral degree programs, and 47 percent enrolled in Capella's master's degree programs. These regular podcasts feature interviews with Capella students, faculty and staff who share the experience of online education from a first-person point of view. They are typically about 10 to 15 minutes long and are available at http://www.capellacommons.com. They are also available from iTunes. About Capella University Capella University is an accredited online university* that has built its reputation by providing quality online degree programs for working adults. Nearly eighty percent of Capella students are currently enrolled in master's or doctoral online degree programs in business, counseling, education, human services, information technology, nursing, psychology, public administration, public health, public safety, and social work. Capella also offers bachelor's degree programs in business, information technology, nursing, psychology, public administration, and public safety. Within those areas, Capella currently offers 137 graduate and undergraduate specializations and 16 certificate programs. More than 38,000 learners were enrolled as of June 30, 2010, from all 50 states and 52 other countries. Capella is committed to providing high-caliber academic excellence and pursuing balanced business growth. Founded in 1993, Capella University is a wholly owned subsidiary of Capella Education Company, headquartered in Minneapolis. For more information, please visit http://www.capella.edu or call 1.888.CAPELLA (227.3552). Visit the Capella Facebook page at http://www.facebook.com/CapellaUniversity. Follow Capella on Twitter at http://twitter.com/CapellaU. * Capella University is accredited by The Higher Learning Commission and is a member of the North Central Association of Colleges and Schools (NCA), www.ncahlc.org. Capella University, Capella Tower, 225 South Sixth Street, Ninth Floor, Minneapolis, MN 55402, 1.888.CAPELLA (227.3552), www.capella.edu. Learn more about earning an online degree: online education (http://www.capella.edu/online_education.aspx) online degree (http://www.capella.edu) accredited online university (http://www.capella.edu/about_capella/accreditation.aspx) online college (http://www.capella.edu/online_college_degree_programs.aspx) Five Filters featured article: "Peace Envoy" Blair Gets an Easy Ride in the Independent. Available tools: PDF Newspaper, Full Text RSS, Term Extraction. |
| Capella enrollment and earnings jump as students continue to flock online Posted: 28 Jul 2010 12:13 PM PDT Crediting "a slight tailwind from the economy" with driving increased undergraduate enrollment, Capella Education Co. officials are reporting a 32 percent jump in total enrollment to nearly 39,000 students. That, in turn, drove 31 percent revenue growth to $105.2 million for the second quarter, compared with a year ago, for its wholly owned online subsidiary, Capella University. Better-than-expected revenue performance — paired with a positive earnings surprise of $14.6 million, up 54 percent, or 86 cents a share — fueled Capella stock (CPLA.O) to close the day at $94.56. That's up $3.48, or 3.82 percent, on 446,000 shares trades, more than twice the daily average. While the Minneapolis-based company focuses on mid-career graduate and professional programs, it has also seen booming undergraduate enrollment driven by high unemployment, company officials said. Graduate enrollment increased 26.7 percent to just over 30,000. CEO Kevin Gilligan told analysts and investors in a call Tuesday that Capella is benefiting as the market transitions from "on-ground to online education" by introducing new graduate degree programs targeted at working adults looking to enhance their earnings power. He also said that Capella's "brand reputation" for high-quality graduate-level education is helping drive enrollment growth. Capella "continues to be a very strong operating-margin expansion story," observed R.W. Baird analyst Amy Junker, out of Milwaukee, who has rated the stock "outperform" since she launched coverage in 2007. The highly fragmented for-profit education market is estimated at just under 1.7 million students, about one-10th the size of the nonprofit higher-education segment. Capella has about a 2 percent share, according to U.S. Department of Education statistics. Junker's "gut feel" is that it will continue to gain share by focusing on graduate-level education because Capella "fills a unique niche in the for-profit space." New proposed rules issued Friday by the Department of Education require for-profit career colleges to better prepare students for "gainful employment" or risk losing access to federal student aid. Junker said the new rules should have "limited to no impact" on Capella because their students tend to be "working adults and savvy consumers" who are, for the most part, already working while taking courses. In addition, Capella students typically have lower student loan default rates than the student population as a whole, another factor considered under the new rules, company officials told analysts. Gilligan reported that the company is "very confident" in its goals of 18 to 22 percent annual revenue growth and operating income growth of 30 percent through 2011. With $192 million in cash and no debt, the company also will look to invest in acquisitions and new learning technologies and in adding program offerings in areas that Capella currently does not serve, Gilligan said. Earlier this year, Capella offered adjunct professors the chance to apply for employment, which more than doubled its full-time faculty to nearly 300, Gilligan reported.
Supermarket giant Supervalue also disappointed on revenue and earnings and announced that CFO Pamela K. Knous would leave the company "to pursue other interests" at the end of July. Here are key points from those announcements: Revenue: $1.3 billion; up 46.6% Revenue: $1.5 billion; up 5% Revenue: $354.4 million; down 11% Rimage (NASDAQ:RIMG) Supervalue; (NYSE: SVU) Five Filters featured article: "Peace Envoy" Blair Gets an Easy Ride in the Independent. Available tools: PDF Newspaper, Full Text RSS, Term Extraction. |
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