APEI Q1 revenue up 3.2% to $154.4M; Adj. EBITDA up 143% to $17.1M; raises FY guidance

AMERICAN PUBLIC EDUCATION INC

2024-Q1 EPS reported -$0.06 revenue$154,432,000

Consolidated revenue $154.4M (+3.2% YoY); net loss improved to ($1.0M) from ($7.2M) in Q1 2023.
Adjusted EBITDA $17.1M vs $7.0M (+143%); diluted loss per share ($0.06) vs ($0.38).
APUS revenue +9%, HCN +25.2%, RU -7.5%. Enrollment: APUS +2.8%, HCN +22%, RU -5.6%.
Cash and equivalents $153.2M at March 31, 2024, up from $144.3M at Dec 31, 2023.
Company increases full-year 2024 revenue and Adjusted EBITDA guidance citing strong Q1 momentum.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

AMERICAN PUBLIC EDUCATION INC updated its full year 2024 guidance (raised).

Period: full year 2024
Guidance: raised
Result: guidance update

Exact text from the filing

· Increasing guidance for full year Revenue and Adjusted EBITDA

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

AMERICAN PUBLIC EDUCATION INC reported three months ended March 31, 2024 results: revenue $154.4 million, net income ($1.0) million, EPS ($0.06).

Period: three months ended March 31, 2024
Revenue: $154.4 million
Net income: ($1.0) million
EPS: ($0.06)
Result: reported results

Exact text from the filing

· Consolidated revenue for Q1 2024 increased 3.2% year-over-year to $154.4 million. · Net loss available to common stockholders in Q1 2024 was ($1.0) million, compared to a net loss available to common stockholders of ($7.2) million in the prior year period. · Net loss per diluted common share in Q1 2024 was ($0.06), compared to a net loss per diluted common share of ($0.38) in the same period of 2023.

View on SEC.gov

710 earnings releases filed in the last 30 days. Browse all earnings releases →

AMERICAN PUBLIC EDUCATION INC filing history →

Source: SEC EDGAR

accession 0001104659-24-058069

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.