Financial Data and Key Metrics Changes - Net income for Q2 2025 was $41 million or $0.62 per diluted share, compared to $38.4 million or $0.57 per diluted share in the prior year [5][13] - Adjusted earnings per diluted share increased to $0.67 from $0.59, reflecting a growth of 13.6% [13][27] - Revenue for Q2 2025 was $209.6 million, representing a 26% increase from $166.7 million in the prior year [14][28] Business Line Data and Key Metrics Changes - Total enrollment growth across academic institutions was 17%, with CTU and AIU each growing by 7% [5][15] - CTU's revenue increased by 4.6% to $118 million, while operating income rose by 7.9% to $46.3 million [18] - AIU's revenue increased by 1.9% to $54.7 million, with operating income of $12.1 million [19] Market Data and Key Metrics Changes - St. Augustine recorded revenue of $36.7 million in Q2 2025, contributing positively to overall results [19] - Total enrollments at St. Augustine were just under 4,000 for the summer term, with expectations for growth in the fall term [16][17] Company Strategy and Development Direction - The company is focused on enhancing student retention and engagement through investments in technology and support processes [5][30] - A new $75 million share repurchase authorization was approved, reflecting confidence in the company's long-term strategy [10][25] - The company plans to continue expanding its program offerings and geographical reach, particularly at St. Augustine [9][11] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the operating environment, citing strong prospective student interest and enrollment growth [11][28] - The full-year adjusted operating income outlook was raised to between $230 million and $236 million, up from $188.9 million in 2024 [26][30] - The company expects continued growth in revenue and total enrollments for the remainder of 2025 [17][28] Other Important Information - The effective tax rate for the year to date was 24.9%, with expectations for it to be between 26% and 26.5% for the full year [20][21] - The company is committed to returning capital to shareholders through dividends and share repurchases [10][24] Q&A Session Summary - No specific questions or answers were documented in the provided content, indicating a focus on the prepared remarks rather than a Q&A session.