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Stock impact report

American Public Education Reports First Quarter 2024 Financial Results [Yahoo! Finance]

American Public Education, Inc. (APEI) 
Last american public education, inc. earnings: 3/10 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: americanpubliceducation.com
Company Research Source: Yahoo! Finance
May 7, 2024 /PRNewswire/ -- American Public Education, Inc. (Nasdaq: APEI), a portfolio of education companies providing online and campus-based postsecondary education and career learning to over 125,000 students through four subsidiary institutions, has reported unaudited financial and operational results for the first quarter ended March 31, 2024 Key First Quarter 2024 Highlights Consolidated revenue for Q1 2024 increased 3.2% year-over-year to $154.4 million Net loss available to common stockholders in Q1 2024 was ($1.0) million , compared to a net loss available to common stockholders of ($7.2) million in the prior year period. Net loss per diluted common share in Q1 2024 was , compared to a net loss per diluted common share of in the same period of 2023. Q1 2024 Adjusted EBITDA increased 143% year-over-year to $17.1 million Maintained a strong liquidity position, with total cash, cash equivalents and restricted cash of $153.2 million at March 31, 2024 Increasing gu Show less Read more
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