secwatch.observer — SEC 8-K summary
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Issuer:     AMERICAN PUBLIC EDUCATION INC (APEI)
CIK:        0001201792
Form:       8-K
Filed at:   2024-11-12T23:59:59+00:00
Accession:  0001104659-24-116757
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

APEI swings to net income in Q3 2024; revenue up 1.5% to $153.1M
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- Consolidated revenue $153.1M (+1.5% YoY); net income $731k vs net loss ($4.9M) in Q3 2023.
- Diluted EPS $0.04 vs ($0.27) a year ago; Adjusted EBITDA $12.9M vs $18.1M.
- Rasmussen Q4 enrollments up 3.5% YoY, first positive since acquisition; Hondros enrollments up 10.4%.
- Full year FY 2024 guidance narrowed: revenue $620-625M, Adjusted EBITDA $64-67M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1201792/000110465924116757/0001104659-24-116757-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1201792/000110465924116757/tm2427844d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-116757

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