Welcome to our dedicated page for American Public Education news (Ticker: APEI), a resource for investors and traders seeking the latest updates and insights on American Public Education stock.
American Public Education, Inc. reports developments across its online and campus-based postsecondary education institutions, including American Public University System, Rasmussen University and Hondros College of Nursing. The company operates through APU Global, which serves military, veteran, extended military-family and public-service communities through American Military University and American Public University, and RU Health+, which focuses on nursing and health sciences education through campus and online programs.
Recurring news includes quarterly and annual financial results, enrollment and course-registration updates, nursing program launches, education-technology platform changes, tuition partnerships, academic recognition programs and regulatory developments affecting program growth or student funding.
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American Public Education, Inc. (APEI) reported Q1 2022 results with consolidated revenue of $154.7 million, a 75% increase year-over-year. However, net income fell to $5.3 million from $8.1 million in Q1 2021. Adjusted EBITDA grew 8.5% to $17.4 million. The company completed acquisitions of Rasmussen University and Graduate School USA, contributing significant revenue but also increasing expenses. Total cash increased to $170.9 million as of March 31, 2022. The company faces challenges in revenue from the American Public University System, primarily due to changes in its registration mix.
On May 3, 2022, American Military University (AMU) announced a partnership with 50strong to assist military-affiliated students in transitioning to civilian employment. AMU, the leading provider of education to U.S. military personnel, will leverage 50strong’s resources to connect students with potential employers. Since joining as an Educational Partner in April 2021, AMU has engaged thousands of students through 50strong's programs, including EmployerConnect and SkillBridgeConnect. This collaboration aims to enhance career outcomes for service members and veterans.
American Public Education, Inc. (NASDAQ: APEI) will release its first quarter 2022 results on May 10, 2022, after U.S. market close. A live webcast of the earnings conference call is scheduled for 5:00 p.m. Eastern on the same day, accessible via the investor relations section of www.apei.com. A replay will be available approximately two hours post-call for six months. APEI focuses on providing career-oriented education through subsidiaries like American Public University System, serving around 89,000 students globally.
American Public University System (APUS) has appointed David Cumberbatch to its Board of Trustees, enhancing its leadership with his extensive experience in education and technology. Cumberbatch has a proven track record at major companies such as Microsoft and ACT Inc., and currently serves as Senior Advisor for K-12 Solutions at the Bill & Melinda Gates Foundation. His expertise is expected to support APUS's mission of delivering accessible online education and assist students in achieving their goals amidst increasing corporate demands for skilled workers.
American Public University System (APUS) has been added as a member of the U.S. Cyber Command's Academic Engagement Network (AEN) to enhance national cybersecurity efforts. This partnership aims to improve workforce skills, increase applied research, and foster collaboration with academic institutions amid a shortage of cybersecurity professionals. APUS offers comprehensive cyber defense programs at undergraduate and graduate levels, recognized by the National Security Agency as a Center of Academic Excellence in Cybersecurity. This collaboration is expected to create new opportunities for students in critical national security areas.
On March 7, 2022, the Accreditation Council for Business Schools and Programs (ACBSP) reaffirmed the accreditation of the Dr. Wallace E. Boston School of Business at the American Public University System (APUS). This recognition emphasizes high academic standards in APUS's online business education. Since first accredited in 2011, the school has awarded nearly 29,000 degrees and certificates. They offer 49 online programs, including Master and Bachelor degrees in Business Administration. The ACBSP accreditation ensures rigorous educational standards for business programs.
American Public Education, Inc. (APEI) reported a strong financial performance for Q4 and the full year ending December 31, 2021. Consolidated revenue rose 79.3% year-over-year to $154.0 million in Q4, with net income of $9.4 million. For the full year, revenue increased 30.1% to $418.8 million despite a slight dip in annual net income to $17.8 million. The company completed its acquisition of Rasmussen University and Graduate School USA, enhancing its market position. However, costs surged due to acquisitions, impacting earnings per share.
American Public Education, Inc. (NASDAQ: APEI) will announce its fourth quarter and full year 2021 results after U.S. markets close on March 2, 2022. A live webcast of the earnings conference call is scheduled for 5:00 p.m. Eastern on the same day, accessible via the company's investor relations website. A replay will be available approximately two hours post-call for six months. APEI focuses on providing higher education and training, serving around 90,000 adult learners, especially military and veteran students.
American Public University System (APUS) announced that three of its master's degree students have been named Presidential Management Fellowship (PMF) finalists for 2022. This prestigious program selected 1,100 finalists from over 8,000 applications across nearly 300 academic institutions. The finalists include James Mitchell (National Security Studies), Emma Salinas (Environmental Policy Management), and Ruta Young (MBA). APUS has a history of producing successful candidates for high-level government positions, with many alumni securing fellowships in various federal agencies.