American Public Education, Inc. · NASDAQ:APEI
American Public Education — Q4 2013 Earnings Presentation
8 slides from American Public Education's earnings presentation, Feb 27, 2014
Slide 1: Fourth Quarter 2013 Conference Call
Title: Fourth Quarter 2013Conference CallFebruary 27, 2014
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: Fourth Quarter 2013 Highlights
Fourth Quarter 2013 Highlights Continued Execution of LT Strategic Plan Net course registrations by non-military students increased year-over-year; active duty military adversely impacted by temporary suspension of tuition assistance Recent New Degree Programs:Master of Public Policy BS and MS in Cy
Slide 4: APEI's Core Strengths Support "Quality Growth" Strategy and Growing Recognition
APEI’s Core Strengths Support “Quality Growth” Strategy and Growing Recognition APUS receives 2013 Sloan-C Effective Practice Award for creating an adaptive model to calculate contact hours of online courses.APUS ranked #34 (top 12%) by U.S. News & World Report for leading online undergraduate progr
Slide 5: Advancing Strategic Goals
Advancing Strategic GoalsLeveraging Unique Strengths & Expanding Opportunities APEI Strategic Goals:Expand Academic Excellence Build Strategic RelationshipsIncrease Programmatic DiversificationDevelop Innovative Processes Advance Learning Technologies Enter New Markets & Segments Recent Developments
Slide 6: Financial Results Summary
Financial Results SummaryFourth Quarter 2013 Revenues decreased 4% to $82.9 million, compared to the prior year periodIncome from operations before interest income and income taxes was $14.5 million Overall operating margins declined in the fourth quarter of 2013: Instructional costs as a percentage
Slide 7: First Quarter 2014 Outlook
First Quarter 2014 Outlook The following statements are based on current expectations. These statements are forward-looking and actual results may differ materially. Approximate Growth (y/y) APUS Net course registration growth by new students -9% to -7%APUS Net course registration growth -7% to -5%H
Slide 8: Fourth Quarter 2013 Conference Call
Fourth Quarter 2013 Conference Call February 27, 2014
American Public Education — Q4 2013 Earnings Presentation on 6ix