American Public Education, Inc. · NASDAQ:APEI
American Public Education — Q3 2017 Earnings Presentation
7 slides from American Public Education's earnings presentation, Nov 7, 2017
Slide 1: Higher education that makes a difference
Higher education that makes a difference THIRD QUARTER 2017 RESULTS | NOVEMBER 7, 2017 PRESENTED BY DR. WALLACE BOSTON - PRESIDENT AND CEO MR. RICHARD SUNDERLAND, CPA – EXECUTIVE VP AND CFO MR. CHRISTOPHER SYMANOSKIE, IRC – VICE PRESIDENT OF INVESTOR RELATIONS
Slide 2: Safe Harbor Statement
PAGE 1 Statements made in this presentation regarding American Public Education, Inc., or its subsidiaries, that are not historical facts are SAFE HARBOR forward-looking statements based on current expectations, assumptions, estimates and projections about American Public STATEMENT Education, Inc. a
Slide 3: Recent Results & Highlights
PAGE 2 • APUS continued to focus on improving student persistence and stabilizing enrollment. • The first course pass and completion rate, a measure of student RECENT persistence, for APUS undergraduate students using Federal Student Aid RESULTS & increased by 7% for the three months ended July 31,
Slide 4: Enrollment Stabilization; A Top Priority
PAGE 3 APUS ENROLLMENT STABILIZATION: LONG-TERM PLAN ENROLLMENT STABILIZATION; STRENGTHEN ENROLLMENT EXPAND PROGRAMS INCREASED FOCUS ON A TOP PRIORITY ALIGNED WITH MANAGEMENT WORKFORCE SKILLS GAP WORKFORCE DEMAND THROUGHOUT OUR ENTERPRISE Key Near-Term Priorities: APUS Returning Students APUS New St
Slide 5: Financial Results Summary Third Quarter 2017
PAGE 4 • Consolidated revenues decreased 0.7% to $73.3 million, compared to $73.8 million in the same period of 2016. FINANCIAL • Costs and Expenses: RESULTS • Instructional costs and services expenses increased as a percentage of revenues to 39.2%, compared to 38.4% in the prior SUMMARY year period
Slide 6: APEI Outlook Fourth Quarter 2017
PAGE 5 APEI OUTLOOK Fourth Quarter 2017 Approx. Y/Y Change FOURTH QUARTER 2017 APUS Net course registrations1 by new students -12% to -8% The following statements are APUS Net course registrations1 -8% to -4% based on current expectations. Second Quarter 2017 These statements are forward- HCN New st
Slide 7: Q&A American Public Education, Inc.
P A G E 66 We prepare working adults for leadership and service through Q&A higher education. AMERICAN PUBLIC EDUCATION, INC. We prepare working adults for leadership and service through higher education.
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