American Public Education, Inc. · NASDAQ:APEI
American Public Education — Q3 2011 Earnings Presentation
7 slides from American Public Education's earnings presentation, Nov 7, 2011
Slide 1: Third Quarter 2011 Conference Call
Third Quarter 2011 Conference Call November 7, 2011 Leading the Way
Slide 2: Forward-looking statements
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-looki
Slide 3: Third Quarter 2011 Results: Net Course Registrations by Primary Pay Type
For three months ending September 30, 2011 Net Course Registrations by Primary Pay Type Cash & Other 13% TA 40% Title IV 39% VA 8% Third Quarter 2011 Results:Affordability and quality appear to be key drivers of the AMU/APU value proposition. Relationship building, referral programs, and interactive
Slide 4: Academic and Operational Highlights
Academic and Operational Highlights Academic Research – Dr. Phil Ice delivered keynote address on the Future of Learning Analytics at the National Association of Distance Education Organizations of South Africa (NADEOSA) annual conference.Notable New Hire – Dr. Ron Kovach, Vice President of Student
Slide 5: Financial Highlights
Third quarter 2011 revenues increased 35% year-over-year to $65.3 million Operating income increased 61% year-over-year to $15.0 million Effective tax rate was 27% in the third quarter of 2011Earnings per diluted share increased 100% y/y to $0.60 per diluted share Strong Balance Sheet with No Debt $
Slide 6: Fourth Quarter 2011 Outlook
The following statements are based on current expectations. These statements are forward-looking and actual results may differ materially. 1 On January 3, 2011, APUS combined one-credit lab courses with their related three-credit classes. As a result, the company now reports future net course regist
Slide 7: Third Quarter 2011 Conference Call
Third Quarter 2011 Conference Call November 7, 2011 Leading the Way
American Public Education — Q3 2011 Earnings Presentation on 6ix