American Public Stock Price, News & Analysis

American Public Education, Inc. (APEI) reported a 52% increase in consolidated revenue to $149.5 million for Q3 2022, up from $98.2 million in Q3 2021. This growth was driven by the inclusion of Rasmussen University and Graduate School USA revenues. However, the company reported a net loss of $3.8 million, a significant increase from a $0.3 million loss in the prior year. Total cash and cash equivalents rose 24% to $185.5 million. The transition to ArmyIgnitED 2.0 has impacted accounts receivable, with $13.8 million outstanding from the Army, raising concerns over cash flow.

American Public Education, Inc. (NASDAQ: APEI) will announce its third-quarter 2022 results after U.S. markets close on November 8, 2022. A live webcast of the earnings conference call is scheduled for 5:00 p.m. Eastern on the same day, accessible via their investor relations website. A replay will be available for six months post-call. APEI, which includes institutions like the American Public University System and Rasmussen University, focuses on providing career-oriented higher education to adult learners, military personnel, and nursing students.

Rasmussen University is hosting its 12th Annual Women’s Leadership Breakfast on October 28 at 8:00 a.m. Central, focusing on the theme “Feel Strongly. Lead Wisely.” The event, featuring diversity expert Bettina Straight, will emphasize empathy's role in professional success. Attendees can join virtually or at local viewing parties across Florida, Illinois, and Minnesota. This year’s event coincides with “Rasmussen Gives Back,” promoting community service and volunteerism. The initiative aims to empower women and foster leadership.

American Public University System (APUS) will host the 2022 ResearchFest, a free virtual event from October 24-28. Themed 'Research for the Public Good', it will feature panels showcasing research across disciplines, emphasizing collaboration among scholars. Highlights include talks by faculty on various research topics and a Lightning Talk Competition for students. The conference aims to inspire scholarly work in critical areas like national security and public service. More details and access to presentations can be found on the official website.

Rasmussen University is set to host its sixth annual Virtual Career Fair on October 18 from 10 a.m. to 2 p.m. CDT, allowing participants to connect with up to 50 leading employers nationwide. The theme, “Rise to Your Next Level”, aims to combat underemployment, which affects 43% of workers in their initial jobs, leading to a potential $10,000 earnings gap. The event features expert-led webinars and encourages candidate-focused recruitment, promoting discussions about company culture and social responsibility.

Hondros College of Nursing has opened its eighth campus in the Detroit area to help address the critical nursing shortage in Michigan and the U.S. Enrollment is now open for the Practical Nursing program. Recent reports indicate a projected annual demand for nearly 59,000 licensed practical nurses through 2031. CEO Harry Wilkins emphasized the importance of this campus in training new nurses for vital healthcare roles. The college also offers Associate Degrees in Nursing at its six Ohio campuses and aims to support local healthcare employers.

On September 22, 2022, American Public Education, Inc. (Nasdaq: APEI) announced its financial guidance for the second half and full year of 2022. The company expects consolidated revenue between $600 million to $610 million and adjusted EBITDA between $53 million to $59 million. Additionally, pro forma adjusted EBITDA is estimated to be between $70 million to $76 million. The company emphasized that forward-looking statements regarding its financial performance should be approached with caution, as actual results may vary significantly.

American Public University System (APUS) and the Policy Studies Organization (PSO) will host the third annual Space Education and Strategic Applications Conference (SESA) on September 22-23, 2022. This virtual event is free and open to the public for online registration. Keynote speakers include astronaut Mike Mullane and Carl Starr, a James Webb telescope expert, focusing on future space exploration. The event will facilitate discussions on military and commercial space issues, featuring diverse panels and topics including space ethics, commercialization, and education.

American Public Education System (APUS) has received reaccreditation from the Council on Education for Public Health (CEPH) for its Master of Public Health program for an additional seven years, extending through December 31, 2029. This program, which first achieved accreditation in 2017, has graduated over 900 students and focuses on training public health practitioners through a comprehensive curriculum. APUS continues to emphasize student support and practical learning experiences.