American Public Education Reports Strong First Quarter 2021 Results
Year-Over-Year Enrollment Growth Continued for a Sixth Consecutive Quarter at APUS; Record Enrollment at Hondros College of Nursing
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CHARLES TOWN, W.V., May 10, 2021 /PRNewswire/ American Public Education, Inc. (Nasdaq: APEI) – parent company of online learning provider American Public University System (APUS) and on-ground pre-licensure Hondros College of Nursing (HCN) – announced financial results for the first quarter ended March 31, 2021 that reflect increased profitability and continued enrollment growth across both institutions.
First Quarter Highlights:
Consolidated revenue increased 18.7% year-over-year to $88.5 million
Net income more than doubled year-over-year to $0.49 per diluted share, and income from operations before interest income and income taxes increased to $10.6 million, compared to $2.7 million in the prior year period
American Public Education to Participate in the Sidoti & Company Spring 2021 Virtual Conference
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CHARLES TOWN, W.Va., March 16, 2021 /PRNewswire/ American Public Education, Inc. (NASDAQ: APEI) – parent company of online learning provider American Public University System (APUS) and on-ground pre-licensure Hondros College of Nursing – announced that Angela Selden, Chief Executive Officer, and Rick Sunderland, Executive Vice President and Chief Financial Officer, will participate in the Sidoti & Company Spring Conference on Wednesday, March 24, 2021.
Sidoti Spring 2021 Virtual Conference:
Angela Selden will make a presentation to the financial community at 3:15 p.m. ET on Wednesday, March 24, 2021.
Operator
Ladies and gentlemen, thanks for standing by and welcome to the American Public Education Fourth Quarter 2020 Results Conference Call. [Operator Instructions]
I would now like to hand the conference over to your speaker today Chris Symanoskie, Vice President of Investor Relations. Thank you. Please go ahead.
Christopher L. Symanoskie
Vice President, Investor Relations
Thank you, operator. Good evening and welcome to American Public Education s fourth quarter and full year conference call. Materials that accompany today s conference call are available in the Events & Presentations section of our website.
Please note that statements made in this conference call and in the accompanying presentation materials regarding American Public Education, its subsidiaries or Rasmussen University that are not historical facts may be forward-looking statements based on current expectations, assumptions, estimates and projections about American Public Education and the industry. The
American Public Education Reports Strong Fourth Quarter and Full Year 2020 Results
Enrollment Momentum Continued for a Fifth Consecutive Quarter at APUS; Record Enrollment at Hondros College of Nursing
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CHARLES TOWN, W.Va., March 9, 2021 /PRNewswire/ American Public Education, Inc. (Nasdaq: APEI) – parent company of online learning provider American Public University System (APUS) and on-ground pre-licensure Hondros College of Nursing (HCN) – announced financial results for the fourth quarter and full year ended December 31, 2020 that reflect continued momentum in enrollment growth across both institutions.
Fourth Quarter & Recent Highlights:
Net income increased 25% year-over-year to $7.1 million, or $0.47 per share
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