---
schema_version: "secwatch.filing_event.v1"
accession: "0001553350-22-000998"
form_type: "8-K"
ticker: "ASPU"
cik: "0001487198"
company_name: "ASPEN GROUP, INC."
filed_at: "2022-12-13T23:59:59+00:00"
generated_at: "2026-06-21T05:19:57.985329+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Aspen Group Q2 FY2023 revenue $17.1M; gross margin rises to 60% from 51%

## Summary
- Revenue $17.1M, down ~10% YoY from $18.9M, but gross margin expanded to 60% from 51%.
- Net loss improved to $(2.3)M from $(2.9)M; EPS $(0.09) vs $(0.11).
- Adjusted EBITDA positive $0.5M vs negative $(0.7)M in prior year quarter.
- Operating cash flow turned positive at $1.0M vs $(1.0)M a year ago.
- Restructuring plan credited for margin expansion and cost savings.

## SEC filing metadata
- accession: 0001553350-22-000998
- form_type: 8-K
- ticker: ASPU
- cik: 0001487198
- company_name: ASPEN GROUP, INC.
- filed_at: 2022-12-13T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1487198/000155335022000998/0001553350-22-000998-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1487198/000155335022000998/aspu_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001553350-22-000998
- JSON: https://secwatch.observer/filing/0001553350-22-000998.json
- Plain text: https://secwatch.observer/filing/0001553350-22-000998.txt

## Key facts
- Earnings Releases
  ASPEN GROUP, INC. reported second quarter fiscal year 2023 ended October 31, 2022 results: revenue $17.1 million, net income $(2.3) million, EPS $(0.09) per share.
  - Period: second quarter fiscal year 2023 ended October 31, 2022
  - Revenue: $17.1 million
  - Net income: $(2.3) million
  - EPS: $(0.09) per share
  - Result: reported results
  source text: Aspen Group Reports Revenue of $17.1 million for Second Quarter Fiscal 2023 · Restructuring plan increases year-over-year gross margin to 60% from 51%, and narrows net loss to $(2.3) million from $(2.9) million · Adjusted EBITDA of $0.5 million versus $(0.7) million in prior year quarter
  evidence_url: https://www.sec.gov/Archives/edgar/data/1487198/000155335022000998/0001553350-22-000998-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.