American Public Education, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 07, 2023 at 04:02 pm EST
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American Public Education, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was USD 150.84 million compared to USD 149.54 million a year ago. Net loss was USD 3.33 million compared to USD 3.76 million a year ago. Basic loss per share from continuing operations was USD 0.27 compared to USD 0.2 a year ago. Diluted loss per share from continuing operations was USD 0.27 compared to USD 0.2 a year ago.
For the nine months, sales was USD 447.74 million compared to USD 453.89 million a year ago. Net loss was USD 60.3 million compared to USD 108.46 million a year ago. Basic loss per share from continuing operations was USD 3.55 compared to USD 5.75 a year ago.
American Public Education, Inc., through its institutions, American Public University System (APUS), Rasmussen University (RU), Hondros College of Nursing (HCN), and Graduate School USA (GSUSA), provides online and campus-based postsecondary education and career learning. Its segments include APUS, RU and HCN. APUS segment provides online postsecondary education directed primarily at the needs of the military, military-affiliated, public service and service-minded communities through American Military University (AMU), and American Public University (APU). APUS serves about 90,000 adult learners worldwide via accessible and affordable higher education. RU segment provides nursing and health sciences-focused postsecondary education to over 13,500 students at its 22 campuses in six states and online. HCN segment offers pre-licensure nursing programs that are designed to prepare individuals for productive careers at its eight campuses (six in Ohio, one in Indiana, and one in Michigan).
AMERICAN PUBLIC EDUCATION, INC. 
