PXED News & Events

An 11th hour ceasefire just before President Trump's 8:00pmET deadline for Iran to reopen the Strait of Hormuz has served up an offramp to Middle East tension that roiled the markets for over a month and upon which investors had been counting on over several recent winning sessions.  Following Trump's announcement of the deal on Truth Social that the bombing of Iranian infrastructure would be suspended pending the "complete, immediate, and safe" opening of Strait of Hormuz, along with separate reports that Iranian officials have agreed to the ceasefire proposal brokered by Pakistan negotiators, S&P e-mini futures are up over 2% above 6,800, Nasdaq 100 futures are up 2.4% above 25,000, while WTI Crude Oil is down by nearly $20 below $92 per barrel.  The sharp rise in risk-appetite has also dented the U.S. Dollar and sent precious metals firmer, with Gold futures above 4,845 and Silver above $77 per ounce.Check out this evening's top movers from around Wall Street, compiled by The Fly.HIGHER AFTER EARNINGS -Skillsoft Corp.up 23.4%Phoenix Education Partnersup 9.2%Levi Straussup 7.3%ALSO HIGHER -Airlines / Cruise Lines higher on Iran ceasefire news: Delta Airlinesup 4.9%, United Airlinesup 6.5%, American Airlinesup 5.6%, Southwest Airlinesup 5.1%, Royal Caribbeanup 4.2%, Carnivalup 6.5%, Viking Holdingsup 4.6%.Nutanixup 2.2% after announcing increase to buybackDOWN AFTER EARNINGS -Kura Sushi USAdown 5.5%

The Company announced today that its Board of Directors has adopted a share repurchase program of up to an aggregate amount of $50 million of our common stock.

Reports Q2 revenue $222.5M, consensus $220.8M. "At the University, we remain focused on helping students develop skills that translate directly into their careers. We are proud to have issued more than one million digital badges representing verified skills to our students and alumni," said Chris Lynne, Chief Executive Officer of Phoenix Education Partners and President of the University of Phoenix. "During the quarter, our teams continued to enhance the student experience, expand employer partnerships, and invest in capabilities that support high-quality, affordable programs. Our commitment to strong student outcomes was reflected in the Encoura + Ruffalo Noel Levitz Priorities Survey for Online Learners - a national survey of 150 institutions and approximately 90,000 learners-where the University performed above national averages across all 26 measured attributes, including exceeding the benchmark for overall satisfaction."

Affirms FY26 adjusted EBITDA view of $244M-$249M.