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Apollo earnings climb.(Apollo Group Inc.'s financial results for fourth quarter and fiscal year ended Aug. 31, 2000)(Brief Article)(Statistical Data Included)

The Business Journal - Serving Phoenix & the Valley of the Sun

| October 13, 2000 | COPYRIGHT 1989 Phoenix Business Journal, Inc. (Hide copyright information)Copyright

Phoenix-based adult education provider Apollo Group Inc. reported fiscal year 2000 financial results for the fourth quarter and year ended Aug. 31. Apollo Group is the parent company of the University of-Phoenix.

According to-Apollo, total revenue for the fiscal year increased by 22:3 percent to $610-million. Net income for the fiscal year increased by 20.7percent to $71.2 million, or 93 cents per share.

Enrollment as of Aug. 31 increased by 19 percent to 100,900 students.

In other Apollo news, however, W.R. Hambrecht, a San …

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