secwatch.observer — SEC 8-K summary
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Issuer:     ASPEN GROUP, INC. (ASPU)
CIK:        0001487198
Form:       8-K
Filed at:   2022-12-13T23:59:59+00:00
Accession:  0001553350-22-000998
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1487198/000155335022000998/0001553350-22-000998-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1487198/000155335022000998/aspu_8k.htm
  HTML page:      https://secwatch.observer/filing/0001553350-22-000998

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