American Public Education, Inc. · NASDAQ:APEI
American Public Education — Q3 2016 Earnings Presentation
8 slides from American Public Education's earnings presentation, Nov 7, 2016
Slide 1: Recent Results and Developments Third Quarter 2016
November 7, 2016 Recent Results and Developments Third Quarter 2016
Slide 2: Safe Harbor Statement
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 Education and the industry . These forward -
Slide 3: Third Quarter 2016 Results: Quality Mix of Students Continued to Improve
THIRD QUARTER 2016 RESULTS Quality Mix of Students Continued to Improve • APUS continued to focus on improving student persistence and attracting new students with greater college readiness. • The first course pass and completion rate for APUS undergraduate students using Federal Student Aid increas
Slide 4: Increase Student Persistence and Strengthen Brand and Enrollment Management
4 Advancing the Learning Experience | Exploring New Opportunities Increase Student Persistence Strengthening Brand Position & Enrollment Management: • Increase promotion of existing tuition grants. • Further improve the effectiveness of our enrollment lifecycle. • Announcing the appointment of Rober
Slide 5: Financial Results Summary Third Quarter 2016
FINANCIAL RESULTS SUMMARY Third Quarter 2016 Advancing the Learning Experience | Exploring New Opportunities 5 • Consolidated revenue decreased 3.3% to $73.8 million, compared to $76.3 million in the same period of 2015. • Costs and Expenses: • Instructional costs and services increased slightly as
Slide 6: Financial/Operational Outlook Fourth Quarter 2016
FINANCIAL/OPERATIONAL OUTLOOK Fourth Quarter 2016 Advancing the Learning Experience | Exploring New Opportunities 6 The following statements are based on current expectations. These statements are forward - looking and actual results may differ materially. Approximate Change (y/y) APUS Net course re
Slide 7: Financial Results Conference Call November 7, 2016
Second Quarter 2016 Financial Results Conference Call November 7, 2016
Slide 8: Appendix: GAAP to Adjusted Net Income Reconciliation
APPENDIX GAAP to Adjusted Net Income Reconciliation 8 GAAP to Adjusted Net Income Reconciliation: Net income: $ 326 $ 0.02 $ 6,757 $ 0.41 Add adjustments: Loss on disposal of student course registration software development 3,978 0.25 — — Impairment of goodwill 4,735 0.29 — — Tax effect of non-GAAP
American Public Education — Q3 2016 Earnings Presentation on 6ix