Aspen Group Reports Revenue of $13.8 Million for Second Quarter Fiscal 2024 [Yahoo! Finance]
Aspen Group Inc. (ASPU)
NASDAQ:AMEX Investor Relations:
ir.aspen.edu
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Source: Yahoo! Finance
Narrowed net loss to ($1.6) million from ($2.3) million 4th consecutive quarter of positive EBITDA; generated positive cash from operations AGI total enrollment grew by 5% YoY and 34% sequentially; USU enrollment rose by 8% YoY NEW YORK, Jan. 18, 2024 (GLOBE NEWSWIRE) -- Aspen Group, Inc. (OTCQB: ASPU) (“AGI” or the "Company"), an education technology holding company, today announced financial results for its second quarter fiscal year 2024 ended October 31, 2023. Second Quarter Fiscal Year 2024 Summary Results Three Months Ended October 31, Six Months Ended October 31, $ in millions, except per share data Revenue Gross Profit Gross Margin (%) Operating Income (Loss) Net Income (Loss) Earnings (Loss) per Share EBITDA Adjusted EBITDA _______________________ GAAP gross profit calculation includes marketing and promotional costs, instructional costs and services, and amortization expense of $0.5 million and $0.5 million, and $1.0 million and $1.0 millio
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