American Public Stock Price, News & Analysis

American Public University System (APUS) has renamed its business school to the Dr. Wallace E. Boston School of Business in honor of Dr. Boston's nearly two decades of leadership. As of September 30, 2020, APUS had 86,300 active students, a tenfold increase since Dr. Boston's tenure began. The School of Business offers 51 online programs and has conferred over 26,500 degrees and certificates. Dr. Boston's leadership contributed to key milestones, including initial accreditation and an IPO in 2007. APUS aims to prepare students for careers in the global business community.

American Public Education, Inc. (NASDAQ: APEI) will participate in two virtual investor conferences. CEO Angela Selden will present at the Sidoti & Company 2020 Virtual Microcap Conference on November 19, 2020, at 11:30 a.m. ET, with a live broadcast available. Following this, she will engage in a fireside chat at the B. Riley Securities Education Services & Technology Conference on December 2, 2020, at 8:45 a.m. ET. Both events will be accessible via APEI's website, where recordings will also be archived.

American Public Education, Inc. (APEI) reported strong financial results for Q3 2020, with a 16.6% increase in consolidated revenue to $79.1 million. Key highlights include 25% growth in net course registrations at APUS and 88% growth in new student enrollment at Hondros College of Nursing. Net income rose to $2.6 million or $0.18 per share. Adjusted EBITDA increased 49% to $10.8 million. APEI plans to acquire Rasmussen University, aiming for annual revenue of $600 million post-acquisition, positioning itself as the top educator for pre-licensure nurses.

American Public Education, Inc. (APEI) has entered a definitive agreement to acquire Rasmussen University for $329 million. The acquisition targets expansion in nursing and health sciences education, enhancing APEI's market position. With over 18,000 students and 24 campuses, Rasmussen aligns with APEI’s commitment to affordable, quality education. The deal is expected to generate annual synergies of $5 million in the first year and more than $10 million thereafter, positioning APEI for future growth and diversification. Preliminary Q3 2020 results show a 16.6% revenue increase year-over-year.

American Public University System (APUS) has appointed retired U.S. Marine Corps Lt. Gen. Vincent Stewart to its Board of Trustees. Stewart is currently the chief innovation and business intelligence officer for Ankura in Washington, D.C. His extensive experience in cybersecurity and intelligence is expected to enhance APUS’s educational offerings, particularly in cyber defense. APUS, a subsidiary of American Public Education (NASDAQ:APEI), is recognized as a National Center of Academic Excellence in Cyber Defense Education and offers more than 200 online degree programs, primarily servicing military students.

American Public Education, Inc. (NASDAQ: APEI) will announce its third quarter 2020 financial results on November 9, 2020, after U.S. markets close. A live webcast of the earnings conference call is scheduled for 5:00 p.m. Eastern time on the same day and can be accessed on the company's investor relations website at www.apei.com. A replay will be available approximately two hours after the call and will be archived for one year. The company supports over 80,000 adult learners worldwide through its educational platforms.

American Public University System (APUS) is named the most popular university for veterans using their GI Bill benefits, according to Military Times. This ranking, based on fiscal year 2019 data from the Department of Veterans Affairs, highlights APUS's affordable and flexible education offerings. APUS serves 17,648 GI Bill students, exceeding the next university by nearly 4,300 students. Additionally, APUS's GI Bill usage per student is the lowest among the top five universities. APUS, a subsidiary of American Public Education (NASDAQ: APEI), emphasizes high-quality education for military students.

American Public University System (APUS) and the Policy Studies Organization (PSO) are co-hosting the inaugural Space Education and Strategic Applications (SESA) Conference on October 15-16, 2020. This free virtual event, beginning at 8 a.m. Eastern, will feature prominent speakers from NASA, the U.S. Air Force, Lockheed Martin, and more. Key topics include space exploration and entrepreneurship. Notable speakers include U.S. Air Force Secretary Barbara Barrett and retired NASA Astronaut James Reilly. The conference aims to enhance discussions on military and civilian space issues.

American Public University System (APUS) has introduced APUS CareerLink, a specialized online job resource aimed at over 182,000 students and alumni. This platform connects users with vetted employers seeking skilled professionals, particularly in fields like nursing, public health, and cybersecurity. APUS CareerLink facilitates job searches by location, degree, and certifications and includes user profiles visible to recruiters. Christine Muncy, APUS's Associate VP of Career Services, emphasized the platform's role in enhancing student outcomes in a challenging job market exacerbated by COVID-19.