CHARLES TOWN, W.Va. (AP) — CHARLES TOWN, W.Va. (AP) — American Public Education Inc. (APEI) on Tuesday reported a loss of $3.3 million in its third quarter.

The Charles Town, West Virginia-based company said it had a loss of 27 cents per share. Earnings, adjusted for non-recurring costs, came to 2 cents per share.

The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for a loss of 25 cents per share.

The for-profit education company posted revenue of $150.8 million in the period, also exceeding Street forecasts. Five analysts surveyed by Zacks expected $149.2 million.

For the current quarter ending in December, American Public Education said it expects revenue in the range of $149.3 million to $151.3 million.

The company's shares closed at $4.30. A year ago, they were trading at $12.44.

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