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Grand Canyon Education Inc

Grand Canyon Education, Inc. operates as an education services company in the United States. The company provides technology services, including learning management system, internal administration, infrastructure, and support services; and academic services, such as program and curriculum, faculty and related training and development, class scheduling, and skills and simulation lab sites. It also offers counseling services and support, which includes admission services, financial aid, counseling services, and field experience counseling; marketing and communication services, including lead acquisition, digital communications strategy, brand identity, media planning and strategy, video, business intelligence, analytics, and data science, and market research and insights; and back-office services, such as finance and accounting, human resources, audit, and procurement services. In addition, it provides education services to 20 university partners. Grand Canyon Education, Inc. was formerly known as Significant Education, Inc. and changed its name to Grand Canyon Education, Inc. in August 2005. The company was founded in 1949 and is headquartered in Phoenix, Arizona.

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Navitas to buy Claros in $232.8M deal

Navitas Semiconductor agreed to acquire power management solutions provider Claros in a deal valued at up to approximately $232.8 million, sending its shares up 6% on Tuesday. The transaction includes about $216 million payable at closing in cash and Navitas Class A shares, with the remainder tied to business milestones over the following two years. Claros specializes in vertical power delivery and integrated voltage regulator technology for next-generation AI data centers, and the acquisition is expected to more than double Navitas’ identified 2030 serviceable addressable market to over $8 billion. Elsewhere, Bloom Energy and Intel rose after a congressional disclosure showed Nancy Pelosi bought positions in both companies, including shares and long-dated call options. Grand Canyon Education fell 5% after placing CFO Daniel Bachus on paid administrative leave in connection with a government investigation into a non-employee third party’s trading in the company’s stock.
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Grand Canyon Education Reports Second Quarter 2026 Net Income of $45.9 Million

Grand Canyon Education reported second quarter 2026 net income of $45.9 million, up 10.4% from $41.5 million a year earlier. Service revenue rose 6.7% to $264.0 million, driven by a 7.6% increase in university partner enrollments to 126,231. Operating income grew 12.3% to $58.2 million, and diluted earnings per share reached $1.75 compared with $1.48 in the prior-year period. The company also provided full-year 2026 guidance, projecting service revenue between $1,165.3 million and $1,172.3 million and diluted EPS between $9.93 and $10.07.
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