APEI initiates 2022 guidance with revenue $600M-$610M and adjusted EBITDA $53M-$59M

AMERICAN PUBLIC EDUCATION INC

Consolidated 2022 revenue expected between $600M and $610M.
Consolidated 2022 adjusted EBITDA guidance of $53M to $59M.
Pro forma 2022 adjusted EBITDA forecast at $70M to $76M.
Supplemental financial presentation furnished as Exhibit 99.2.
Guidance issued on September 22, 2022, via press release.

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