{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-21-135698","form_type":"8-K","ticker":"APEI","cik":"0001201792","company_name":"AMERICAN PUBLIC EDUCATION INC","filed_at":"2021-11-08T23:59:59+00:00","discovered_at":"2026-05-14T18:04:11.812430+00:00","generated_at":"2026-06-28T11:17:29.847670+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"American Public Education Q3 revenue up 24% to $98.2M; net loss $0.3M; adjusted EBITDA down 16%","bullets":["Revenue $98.2M (+24% YoY) from Rasmussen acquisition; net loss $0.3M vs income $2.6M.","Adjusted EBITDA $9.1M (-16% YoY) includes $1.6M M&A fees.","Diluted loss per share $0.01 vs EPS $0.18; APUS course registrations down 8%.","Rasmussen acquisition closed Sept 1 for $325.5M; funded with cash and $175M term loan.","Agreed to acquire Graduate School USA for ~$1.0M, expected close Q1 2022."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-21-135698","json":"https://secwatch.observer/filing/0001104659-21-135698.json","markdown":"https://secwatch.observer/filing/0001104659-21-135698.md","text":"https://secwatch.observer/filing/0001104659-21-135698.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1201792/000110465921135698/0001104659-21-135698-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1201792/000110465921135698/tm2132264d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-28T11:17:29.847670+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}