{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-22-058236","form_type":"8-K","ticker":"APEI","cik":"0001201792","company_name":"AMERICAN PUBLIC EDUCATION INC","filed_at":"2022-05-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:59.962826+00:00","generated_at":"2026-06-25T21:28:53.190169+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"APEI Q1 revenue up 75% to $154.7M; net income falls to $5.3M on acquisition costs and interest","bullets":["Consolidated revenue $154.7M (+75% YoY) driven by Rasmussen University ($67.1M) and GSUSA ($3.1M) acquisitions.","Net income $5.3M ($0.28 diluted EPS) vs $8.1M ($0.49) in prior year; adjusted EBITDA rose 8.5% to $17.4M.","APUS revenue fell 5.7% to $4.4M despite 1.2% enrollment increase; Rasmussen enrollment down 6.4% to 16,200.","GSUSA acquisition closed Jan 1, 2022 for $1.0M, producing a $4.5M noncash gain; no goodwill recorded.","Army AR of $19.4M remains outstanding; Q2 2022 outlook provided but not detailed in release."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-22-058236","json":"https://secwatch.observer/filing/0001104659-22-058236.json","markdown":"https://secwatch.observer/filing/0001104659-22-058236.md","text":"https://secwatch.observer/filing/0001104659-22-058236.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1201792/000110465922058236/0001104659-22-058236-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1201792/000110465922058236/tm2214790d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-25T21:28:53.190169+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"}