Welcome to our dedicated page for American Public news (Ticker: APEI), a resource for investors and traders seeking the latest updates and insights on American Public stock.
American Public Education, Inc. (NASDAQ: APEI) news covers developments across its three institutions: American Public University System (APUS), Rasmussen University, and Hondros College of Nursing. As an education services company in the Educational Services sector, APEI regularly reports on academic initiatives, enrollment trends, institutional partnerships, and financial performance related to its online and campus-based postsecondary education offerings.
News about APUS often highlights its role serving adult learners and military and veteran students, along with updates on online programs in fields such as business administration, health science, technology, criminal justice, education, liberal arts, national security, military studies, intelligence, and homeland security. Company communications also feature stories on student engagement, including the growth of student-run organizations and honor societies that support leadership and academic success in an online environment.
Rasmussen University–related news focuses on nursing and health sciences programs, as well as additional schools in Business, Technology, Design, Early Childhood Education, and Justice Studies. Releases may describe new program launches, campus expansions, and alliances with employers that provide tuition benefits and support workforce development. Hondros College of Nursing news typically centers on pre-licensure nursing education and campus-based training for practical nursing and related roles.
Investors and observers can also find APEI’s announcements on quarterly financial results, investor day presentations, and other material events through its press releases and SEC-referenced communications. This news page aggregates these updates so readers can follow how APEI’s institutions evolve their academic offerings, respond to regulatory and funding conditions, and serve diverse student populations across online and campus-based settings.
American Public Education reported its financial results for Q3 2021, highlighting a 24% year-over-year revenue increase to $98.2 million, driven mainly by the acquisition of Rasmussen University. However, the company faced a net loss of $0.3 million compared to $2.6 million net income in Q3 2020. Adjusted EBITDA fell 16% to $9.1 million. APEI also announced plans to acquire Graduate School USA for approximately $1 million and noted a decrease in student registrations across its American Public University System.
American Public University System (APUS) has partnered with the California Community Colleges Chancellor's Office to facilitate the transfer of graduates from 116 community colleges. Eligible students can seamlessly transfer to APUS as juniors, pursuing bachelor's degrees online in 38 fields, including criminal justice and business administration. The initiative allows up to 90 credits to be transferred, enabling students to complete their degrees by earning just 60 additional credits. This agreement enhances educational opportunities and aligns with workforce demands amid ongoing challenges posed by COVID-19.
American Public Education, Inc. (NASDAQ: APEI) will announce its third quarter 2021 results on November 8, 2021, after U.S. markets close. The company is set to hold a live earnings conference call at 5:00 p.m. Eastern the same day, accessible via their investor relations website. A replay of the call will be available for approximately six months. As a leading provider of career-focused higher education, APEI serves nearly 90,000 adult learners globally through various subsidiaries. For more information, visit www.apei.com.
American Public University System (APUS) has received a 10-year reaccreditation from The Higher Learning Commission (HLC), validating its online higher education programs. This reaccreditation, part of the Open Pathway, highlights APUS's commitment to high academic standards and quality delivery. The Quality Initiative allows APUS to pursue projects that align with its goals. APUS also celebrates its 30th anniversary and holds several specialty accreditations for various programs, enhancing its educational credibility in the market.
American Public Education, Inc. (Nasdaq: APEI) has completed its acquisition of Rasmussen University, effectively doubling its revenue to approximately $600 million. This strategic acquisition diversifies APEI's revenue streams, with a customer base comprising one-third military and veteran students, one-third nursing students, and one-third online adult learners. APEI now serves over 110,000 students and anticipates $90 million in adjusted EBITDA. Rasmussen is expected to generate approximately $275 million in revenue for 2021 and will operate as a separately accredited institution.
American Public University System and the Policy Studies Organization have announced the second annual Space Education and Strategic Applications (SESA) Conference, scheduled for September 23-24, 2021. This virtual event, themed 'SESA: Focusing the Telescope', will feature keynote sessions, workshops, and discussions on space exploration, education, and entrepreneurship. Notable speakers include NASA Astronaut Eileen Collins and Robert Durbin from Pioneer Astronautics. Registration is open to the public, offering a platform to advance dialogue in space studies amid rising interest following recent developments in the space sector.
Graduate School USA (GSUSA) has announced its acquisition by American Public Education, Inc. (NASDAQ: APEI), a leading provider of educational services. The deal, expected to close in Q4 2021, will position GSUSA as a stand-alone subsidiary within APEI, aligning with APEI's mission to support military and veteran education. GSUSA offers over 300 courses aimed at workforce training and professional development, enhancing APEI's existing programs for approximately 90,000 learners worldwide. The acquisition promises increased technological advantages and a broader course offering for students.
American Public Education, Inc (NASDAQ: APEI) has signed an agreement to acquire substantially all the assets of Graduate School USA (GSUSA) for $1 million. GSUSA, established in 1921, specializes in training the federal workforce, offering over 300 courses to government agencies. This acquisition aligns with APEI's focus on career training for military and veteran populations and is expected to enhance its presence in workforce training. GSUSA has generated over $20 million in average annual revenue over the past three years. The transaction is anticipated to close in Q4 2021, pending regulatory approvals.
American Public Education, Inc. (APEI) reported its second-quarter financial results for 2021, revealing a 5% decline in revenue year-over-year to $78.0 million and a drop in net income to $0.5 million from $6.7 million. Adjusted EBITDA fell 36% to $9.9 million. APUS experienced an 8% decrease in net course registrations, totaling 82,600, while Hondros College of Nursing saw a 36% increase in enrollment, reaching 2,380, a record high. Total cash and cash equivalents stood at $317 million as of June 30, 2021.
American Public University System (APUS) has appointed Dr. Katherine Zatz as the new chair of its Board of Trustees, effective August 1, 2021. Dr. Zatz, a long-term board member, succeeds General Alfred M. Gray, who served for 25 years. During Dr. Zatz's prior tenure, APUS achieved important milestones, including regional accreditation and significant enrollment growth. APUS serves over 90,000 students and offers more than 200 online programs. It is a subsidiary of American Public Education, Inc. (NASDAQ:APEI).