Businessweek

Capella Education Co. at the annual meeting of shareholders on May 7, 2013, elected J. Kevin Gilligan as a director to serve one-year term.

Capella Education Co. reported unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the period, the company reported revenues of $105,242,000 compared to $109,400,000 a year ago, a decrease of 3.8%. Operating income was $15,175,000 compared to $17,937,000 a year ago. Income before income taxes was $14,975,000 compared to $17,894,000 a year ago. Net income attributable to the company for the first quarter of 2012 was $8,755,000 compared to $11,293,000 a year ago. Diluted net income per share was $0.70 compared to $0.82 a year ago. Net cash provided by operating activities was $18,143,000 compared to $19,859,000 a year ago. Capital expenditures were $5,600,000 compared to $5,580,000 a year ago. For the second quarter ending June 30, 2013, consolidated revenue is expected to decline by approximately 3% to 4% compared to second quarter 2012. The consolidated operating margin is anticipated to be approximately 13% to 14% of total revenue for the second quarter of 2013 compared to 17% during the second quarter of 2012, primarily related to the decrease in revenue resulting from the decline in total enrollments. With the stronger than anticipated first half 2013 operating performance, the company now expect full year 2013 operating margins to be about 13% to 14% of revenue. The company reported impairment of property and equipment of $77,000 compared to $956,000 for the last year.

Capella Education Co., Annual General Meeting, May 07, 2013., at 09:00 Central Standard Time. Location: capella tower, 225 south 6th street, 3rd floor business center. Agenda: To elect the board of directors; to ratify the appointment of ernst & young llp as independent registered public accounting firm for the fiscal year ending December 31, 2013; to submit an advisory vote on the executive compensation of named executive officers; to transact other business that may properly be brought before the meeting.

Capella Education Co., Q1 2013 Earnings Call, Apr 23, 2013

Capella Education Co. announced that they will report Q1, 2013 results at 9:00 AM, Eastern Standard Time on Apr 23, 2013