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Grand Canyon Education separating itself from the for-profit pack

Grand Canyon Education Inc. (Nasdaq: LOPE) continues to separate itself from the pack as other for-profits continue to struggle.

The Phoenix-based operator of Grand Canyon University reported increased revenue, net income and enrollment for the second quarter.

GCU reported $27.6 million in net income on $191.3 million in net revenue for the second quarter ended June 30, up from $25.8 million in net income on $174.8 million in net revenue during the same period in 2015.

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