---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-044378"
form_type: "8-K"
ticker: "APEI"
cik: "0001201792"
company_name: "AMERICAN PUBLIC EDUCATION INC"
filed_at: "2023-04-12T23:59:59+00:00"
generated_at: "2026-06-17T02:57:01.568080+00:00"
event_type: "other_material"
sentiment: "negative"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# APEI corrects Q1 revenue guidance down ~$7M to $148.1-150.1M; EBITDA seen above prior high end

## Summary
- Revenue guidance cut to $148.1M-$150.1M from $155.1M-$157.1M due to clerical error.
- Adjusted EBITDA expected to exceed prior guidance range of $2.4M-$4.1M.
- Q1 2023 results to be released May 9, 2023 after market close; conference call at 5pm ET.
- Preliminary outlook remains subject to completion of quarter-end closing procedures.

## SEC filing metadata
- accession: 0001104659-23-044378
- form_type: 8-K
- ticker: APEI
- cik: 0001201792
- company_name: AMERICAN PUBLIC EDUCATION INC
- filed_at: 2023-04-12T23:59:59+00:00
- event_type: other_material
- sentiment: negative
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1201792/000110465923044378/0001104659-23-044378-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1201792/000110465923044378/tm2312558d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-044378
- JSON: https://secwatch.observer/filing/0001104659-23-044378.json
- Plain text: https://secwatch.observer/filing/0001104659-23-044378.txt

## Key facts
- Earnings Releases
  AMERICAN PUBLIC EDUCATION INC reported first quarter of 2023 results: revenue $148.1 million to $150.1 million. Guidance lowered.
  - Period: first quarter of 2023
  - Revenue: $148.1 million to $150.1 million
  - Guidance: lowered
  - Result: preliminary results
  source text: revenue guidance, which when originally issued on March 14, 2023 reflected a clerical error. The first quarter 2023 consolidated revenue guidance range should have been $148.1 million to $150.1 million, compared to the previously issued range of $155.1 million to $157.1 million. The error did not impact other forecast amounts. Preliminary1Q23 Outlook Update
  evidence_url: https://www.sec.gov/Archives/edgar/data/1201792/000110465923044378/0001104659-23-044378-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.