What is Zovio?

Zovio (Nasdaq: ZVO) is an education technology services company that partners with higher education institutions and employers to deliver innovative, personalized solutions to help learners and leaders achieve their aspirations. The Zovio network, including Fullstack Academy and TutorMe, leverages its core strengths to solve priority market needs through education technology services. Using proprietary advanced data analytics, Zovio identifies the most meaningful ways to enhance the learner experience and deliver strong outcomes for higher education institutions, employers, and learners. Zovio’s purpose is to help everyone be in a class of their own. (source)

Zovio Employee Count

Number of Zovio employees:

100 full-time faculty and 2,590 active adjunct faculty

Last updated 1/1/20

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Zovio Revenue Totals

Zovio annual revenue:

• 2019: $417 million
• 2018: $443 million
• 2017: $475 million
• 2016: $523 million
• 2015: $561 million

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Zovio annual net income:

• 2019: $54 million net loss
• 2018: $4.6 million
• 2017: $9.1 million
• 2016: $33 million net loss
• 2015: $70 million net loss

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Please note that some of these numbers are easier to find than others. A few of these Zovio stats come from their own reports, but some are based on news reports and not official company tallies. No information contained on DMR should be relied upon to make investment decisions. Basically, this is the best I can find and I don’t guarantee anything to be 100%.

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