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Devry Inc (DV) SEC Filing 10-K Annual report for the fiscal year ending Tuesday, June 30, 2009

Devry Education Group Inc.

CIK: 730464 Ticker: DV

Exhibit 99.1

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

OAKBROOK TERRACE, Ill.--(BUSINESS WIRE)--August 13, 2009--DeVry Inc. (NYSE:DV), a global provider of educational services, today reported financial results for its fiscal 2009 fourth-quarter and full year ended June 30, 2009. DeVry also reported enrollment results at DeVry University, including its Keller Graduate School of Management (KGSM), Chamberlain College of Nursing, Ross University, and U.S. Education, which includes Apollo College and Western Career College. Strong enrollment and DeVry’s continued focus on academic quality and student outcomes produced the following results:

Three Months Ended June 30

  • Revenues increased 43.1 percent to $396.2 million.
  • Operating income increased 73.5 percent to $53.7 million.
  • Net income increased 50.7 percent to $37.0 million.
  • Fully diluted earnings per share increased 50 percent to $0.51.

Twelve Months Ended June 30

  • Fiscal 2009 revenues increased 33.9 percent to $1,461.5 million.
  • Operating income rose 44.7 percent to $234.8 million.
  • Net income increased 31.9 percent to $165.6 million.
  • Fully diluted earnings per share increased 31.8 percent to $2.28.

“Fiscal 2009 was a year of accomplishment for DeVry,” said Daniel Hamburger, DeVry’s president and chief executive officer. “We made great strides in executing our strategic plan and expanding into educational areas that are in high demand. We also continued investing in our brands, programs and infrastructure. As a result, we experienced strong enrollment growth, improved retention throughout the year, and delivered record financial results.”


The following information was filed by Devry Education Group Inc. (DV) on Thursday, August 13, 2009 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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Devry Education Group Inc. provided additional information to their SEC Filing as exhibits

Ticker: DV
CIK: 730464
Form Type: 10-K Annual Report
Accession Number: 0001140361-09-019718
Submitted to the SEC: Wed Aug 26 2009 10:09:36 AM EST
Accepted by the SEC: Wed Aug 26 2009
Period: Tuesday, June 30, 2009
Industry: Educational Services

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