secwatch.observer — SEC 8-K summary
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Issuer:     ASPEN GROUP, INC. (ASPU)
CIK:        0001487198
Form:       8-K
Filed at:   2022-03-15T23:59:59+00:00
Accession:  0001553350-22-000221
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Aspen Group Q3 fiscal 2022 revenue up 14% to $18.9M; net loss widens to $3.7M
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- Revenue $18.9M vs $16.6M YoY (+14%); net loss of ($3.7M) vs ($2.8M) YoY.
- EPS of ($0.15) vs ($0.11) YoY; adjusted EBITDA of ($1.3M) vs ($0.9M).
- Business units with highest LTV accounted for 56% of revenue; gross margin 49% vs 52%.
- Received approval to open BSN Pre-Licensure program in Atlanta.
- Net loss includes $1.3M in losses from new campus expansion.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1487198/000155335022000221/0001553350-22-000221-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1487198/000155335022000221/aspu_8k.htm
  HTML page:      https://secwatch.observer/filing/0001553350-22-000221

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