American Public Stock Price, News & Analysis

Nuno Fernandes has officially become the fifth president of American Public University System (APUS) as of September 1, 2022. He aims to enhance the institution's mission of providing affordable and accessible higher education to adult learners. With a strong history at Ilumno, Latin America's largest online program manager, Fernandes improved student retention and satisfaction. Under his leadership, APUS, which serves approximately 86,600 adult learners and offers over 200 programs, looks forward to expanding its online education reach.

Graduate School USA will feature Phyllis Fong, Inspector General of the USDA, on the August 29 broadcast of The Search for Accountability at 2:00 p.m. ET. The discussion, hosted by Michael Binder, will focus on accountability in food safety, agricultural research, and rural development. Fong has served as the USDA IG since December 2002, overseeing audits and investigations to ensure governmental integrity. The program airs on Federal News Network, part of a collaboration aimed at enhancing government accountability.

On August 19, 2022, Christi A. Grimm, Inspector General of HHS, will be the guest on 'The Search for Accountability' broadcast on Federal News Network, discussing healthcare oversight challenges. The program, hosted by Michael Binder, aims to explore accountability in HHS amidst COVID-19. Grimm brings two decades of experience in health program oversight and aims to enhance public trust in government operations. Graduate School USA, a subsidiary of American Public Education, Inc. (APEI), partners in this initiative, which provides training for federal workforce professionals.

American Public Education reported a significant 92% revenue increase year-over-year to $149.6 million for Q2 2022. The company recorded a net loss of $110 million, primarily due to a non-cash impairment charge of $144.9 million related to its Rasmussen University segment. Adjusted EBITDA grew by 47% to $14.5 million. As of June 30, 2022, total cash and cash equivalents were approximately $184.5 million, up 23.3% from the previous year. Student enrollment trends showed a slight decline in Rasmussen University but modest increases in other segments.

American Public University System (APUS) announces the appointment of Nuno Fernandes as its new president, effective September 1, 2022. Fernandes, previously President and CEO of Latin America's largest online program manager, Ilumno, has a strong track record in improving student outcomes and expanding access to education. He aims to enhance APUS's value proposition and growth in the U.S. market. The announcement follows the tenure of Acting President Dr. Kate Zatz, who served since November 2021.

American Public Education, Inc. (Nasdaq: APEI) has appointed Craig MacGibbon as its new Executive Vice President and Chief Information Officer effective immediately. MacGibbon, with nearly 30 years of experience in technology management, previously held the role of delegate Chief Technology Officer at APEI. He is tasked with leading key IT initiatives across various educational units including American Public University System and Rasmussen University. CEO Angela Selden expressed confidence in MacGibbon's ability to drive growth and transformation.

American Public Education, Inc. (NASDAQ: APEI) will announce its second quarter 2022 results on August 9, 2022, after U.S. markets close. A live webcast of the earnings call is scheduled for 5:00 p.m. Eastern on the same day, available through the company's investor relations webpage. A replay will be accessible approximately two hours post-call for six months. The company is known for its focus on career-centered education, notably serving military and veteran students through institutions like American Public University System and Rasmussen University.

American Public University System's Executive Director of the Center for Cyber Defense, Dr. Kenneth L. Williams, has been appointed to The Cyber AB's Academic Advisory Council. This council comprises experts from various academic institutions within the Cybersecurity Maturity Model Certification (CMMC) ecosystem. Dr. Williams, who also serves as Interim Department Chair for Cybersecurity and is a U.S. Army veteran, aims to enhance digital risk management for the Department of Defense. This appointment follows APUS's recent partnership with U.S. Cyber Command to strengthen national cyber defense.

American Public University System (APUS) has appointed retired U.S. Marine Corps Lieutenant General Lori E. Reynolds to its Board of Trustees. Reynolds brings over 35 years of leadership experience, including her role as Deputy Commandant of the Marine Corps for Information. She aims to enhance APUS's mission to provide accessible online education to diverse learners, particularly military and veteran students. Reynolds has held significant positions globally and possesses advanced degrees in National Security Policy Studies, contributing valuable insights to the Board.