Devry Inc (DV) SEC Filing 10-K Annual report for the fiscal year ending Wednesday, June 30, 2010

Devry Education Group Inc.

CIK: 730464 Ticker: DV

Exhibit 99.1

DeVry Inc. Announces Fourth-Quarter and Full-Year Results

  • DeVry University’s total enrollments increased 22 percent driven by continued focus on academic quality
  • Chamberlain opened two new campuses in July; expects to open Houston campus in spring 2011
  • Becker, Advanced Academics and DeVry Brasil to be led by Steve Riehs beginning October 1

DOWNERS GROVE, Ill.--(BUSINESS WIRE)--August 12, 2010--DeVry Inc. (NYSE:DV), a global provider of educational services, today reported financial results for its fiscal 2010 fourth-quarter and full year ended June 30, 2010. DeVry also reported enrollment results at DeVry University, including its Keller Graduate School of Management (KGSM), Chamberlain College of Nursing, Ross University, and the Carrington Colleges Group (formerly Apollo College and Western Career College). DeVry’s strong performance was driven by continued solid execution of its growth and diversification strategy and unwavering focus on academic quality and successful student outcomes.

Three Months Ended June 30

  • Revenues increased 28 percent to $506.7 million.
  • Net income increased 93 percent to $71.6 million.
  • Fully diluted earnings per share increased 94 percent to $0.99.

Twelve Months Ended June 30

  • Fiscal 2010 revenues increased 31 percent to $1,915 million.
  • Net income increased 69 percent to $279.9 million.
  • Fully diluted earnings per share increased about 70 percent to $3.87.

The following information was filed by Devry Education Group Inc. (DV) on Thursday, August 12, 2010 as an 8K 2.02 statement, which is an earnings press release pertaining to results of operations and financial condition. It may be helpful to assess the quality of management by comparing the information in the press release to the information in the accompanying 10-K Annual Report statement of earnings and operation as management may choose to highlight particular information in the press release.

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Definitive Proxy Statement (Form DEF 14A)
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Devry Education Group Inc.'s Definitive Proxy Statement (Form DEF 14A) filed after their 2010 10-K Annual Report includes:

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  • Board Members
  • Executive Team
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  • Peers / Competitors


SEC Filing Tools
Ticker: DV
CIK: 730464
Form Type: 10-K Annual Report
Accession Number: 0000950123-10-080775
Submitted to the SEC: Wed Aug 25 2010 2:01:54 PM EST
Accepted by the SEC: Wed Aug 25 2010
Period: Wednesday, June 30, 2010
Industry: Educational Services

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