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Aspen Group Inc - ASPU STOCK NEWS

Welcome to our dedicated news page for Aspen Group (Ticker: ASPU), a resource for investors and traders seeking the latest updates and insights on Aspen Group.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Aspen Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Aspen Group's position in the market.

Rhea-AI Summary
Aspen Group, Inc. (ASPU) announced Q2 Fiscal 2024 results, including a 300 basis points increase in gross margin, a 66% improvement in operating loss, and a narrowed net loss. Enrollment grew by 5% YoY and 34% sequentially. Revenue decreased by 19% to $13.8 million. EBITDA improved by $1.0 million to $0.4 million. The active student body decreased by 29% YoY at Aspen University and 8% at United States University. The company had unrestricted cash of $1.9 million and restricted cash of $4.1 million on October 31, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.79%
Tags
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Rhea-AI Summary
Aspen Group, Inc. (Nasdaq: ASPU) will report financial results for the period ended October 31, 2023, on Thursday, January 18, 2024, at 4:30 pm ET. The company will host a conference call to discuss its second quarter fiscal year 2024 results and business outlook on the same day. The call can be accessed by dialing toll-free (877) 704-4453 (U.S.) or (201) 389-0920 (International), passcode 13743216. A transcript of the audio cast will be available from the Company’s website at www.aspu.com, and there will be a seven-day dial-in replay available as well.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.55%
Tags
conferences earnings
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Rhea-AI Summary
Aspen Group, Inc. successfully up-lists from the OTC Pink Market to the OTCQB Venture Market.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.57%
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none
Rhea-AI Summary
Aspen Group, Inc. reduces net loss to $(0.6) million and achieves positive EBITDA of $1.3 million in Q1'24. Gross margin increases to 67% from 43%. New student enrollments for Aspen University and USU increase sequentially. Secures $12.4 million debt financing in Q1'24.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.62%
Tags
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
179.24%
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none
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-19.24%
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none
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Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-22.24%
Tags
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.05%
Tags
conferences earnings
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
35.25%
Tags
none
Aspen Group Inc

OTC:ASPU

ASPU Rankings

ASPU Stock Data

6.62M
20.44M
19.02%
10.67%
0.23%
Professional and Management Development Training
Educational Services
Link
United States
New York