secwatch.observer — SEC 8-K summary
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Issuer:     AMERICAN PUBLIC EDUCATION INC (APEI)
CIK:        0001201792
Form:       8-K
Filed at:   2024-05-07T23:59:59+00:00
Accession:  0001104659-24-058069
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1201792/000110465924058069/0001104659-24-058069-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1201792/000110465924058069/tm2413511d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-058069

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer