Apollo Group (NASDAQ:APOL) reported fiscal Q2 EPS of 77 cents, ex-items, beating estimates of 65 cents. Revenues in the quarter rose 2.5% year-over-year to $876 million, and came in ahead of consensus estimates of $866 million. Degreed enrollment reached 397,700 during the period, up 20% from the year-ago period. Chas Edelstein, Chief Executive Officer of Apollo Group offered this statement, "We are pleased with the growth in revenue and enrollments in our second quarter and we believe we are continuing to benefit from investments we are making in key academic and operational areas."

Contact Chip Brian

SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.TradeTheTrend.com.

Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at www.TradeTheTrend.com/signup.html