Apollo Education Group Inc (APOL) First Quarter 2015 Earnings Call Transcript

 Peter Appert, Piper Jaffray

Got it, okay. I guess a concern might be that perhaps this is masking, to some extent, just the competitive issues or competitive pressures that might be exacerbating the start and enrollment performance. What do you think about that?

 Greg Cappelli, Chief Executive Officer, Apollo Education Group, Inc.

Well, I’m certainly pleased that the intakes are improved from prior quarters. We significantly like expanding the overall environment. As I said before, we will improve it. It is choppy. In this industry, with some weeks better than others, we continue to execute on our plan to differentiate our schools so we can stand out. But we are not guessing. We have a lot of data as to what caused the disruption. We know the timing of when students dropped out. Generally speaking, if it’s more competitive type issues, that happens very early on in courses, Peter. These are students that have been pretty well into their courses where there has been disruption. Again, we are using lots of data and analytics to track down the issues to make sure we understand what the issues are and we will certainly continue to do everything necessary to remediate that.