{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-047287","form_type":"8-K","ticker":"APEI","cik":"0001201792","company_name":"AMERICAN PUBLIC EDUCATION INC","filed_at":"2025-05-12T23:59:59+00:00","discovered_at":"2026-05-14T18:02:47.726313+00:00","generated_at":"2026-05-21T23:07:49.064963+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"APEI Q1 net income $7.5M ($0.41 diluted) vs prior-year loss; raises FY EBITDA guide","bullets":["Revenue $164.6M (+6.6% YoY); net income to common $7.5M ($0.41 diluted) vs ($1.0M) loss in Q1 2024.","Adjusted EBITDA $21.2M, up from $17.1M in prior year quarter.","Segment enrollment growth: APUS +3.5%, Rasmussen +7.4%, Hondros +9.6% all YoY.","Raised FY2025 guidance: net income $23-30M, Adj. EBITDA $77-87M; revenue unchanged $650-660M.","Total cash $187.5M at March 31, 2025, up 18% from year-end 2024."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-047287","json":"https://secwatch.observer/filing/0001104659-25-047287.json","markdown":"https://secwatch.observer/filing/0001104659-25-047287.md","text":"https://secwatch.observer/filing/0001104659-25-047287.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1201792/000110465925047287/0001104659-25-047287-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1201792/000110465925047287/tm2514575d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-21T23:07:49.064963+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}