American Public Education, Inc. · NASDAQ:APEI
American Public Education — Q3 2013 Earnings Presentation
8 slides from American Public Education's earnings presentation, Nov 5, 2013
Slide 1: APEI Third Quarter 2013 Conference Call
APEI American Public Education, Inc. Third Quarter 2013 Conference Call November 5, 2013
Slide 2: Safe Harbor Statement
Safe Harbor Statement LEARN. ADVANCE. LEAD. Statements made in this presentation regarding American Public Education, Inc. or its subsidiaries, that are not historical facts are forward-looking statements based on current expectations, assumptions, estimates and projections about American Public Edu
Slide 3: Third Quarter 2013 Highlights
Third Quarter 2013 Highlights Continued Execution of LT Strategic Plan Continued focus on relationships and referrals; expanding programmatic emphasis on high-demand fieldsNew Corporate and Other RelationshipsLower bad debt expense as percent of revenue, compared to the prior yearMilitary Tuition As
Slide 4: Academic Quality Initiatives Support "Quality Growth" Strategy
Academic Quality Initiatives Support “Quality Growth” Strategy Increasing Student Engagement with Interactive Course ContentNew Academic Programs:BA and MA in Entrepreneurship BS in Mathematics New certificates - a graduate and undergraduate certificate in Law Enforcement Leadership; an undergraduat
Slide 5: Advancing 2013 Strategic Goals
Advancing 2013 Strategic GoalsLeveraging Unique Strengths & Expanding Opportunities Completes Acquisition of Hondros College, Nursing ProgramsBroadens APEI’s emphasis on Health Science and Technology programs, as well as Science, Technology, Engineering and Mathematics (STEM) programs.Allows APEI to
Slide 6: Financial Results Summary
Financial Results SummaryThird Quarter 2013 Revenues increased 6% to $81.8 million, compared to the prior year periodIncome from operations before interest income and income taxes was $17.5 million Overall operating margins declined in the third quarter of 2013: Instructional costs as a percentage o
Slide 7: Fourth Quarter 2013 Outlook
Fourth Quarter 2013 Outlook The following statements are based on current expectations. These statements are forward-looking and actual results may differ materially. Approximate Growth (y/y) Net course registration growth by new students -9% to -5%Net course registration growth -7% to -3%Revenue gr
Slide 8: APEI Third Quarter 2013 Conference Call
APEI American Public Education, Inc. Third Quarter 2013 Conference Call November 5, 2013
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