American Public Education, Inc. · NASDAQ:APEI
American Public Education — Q3 2018 Earnings Presentation
7 slides from American Public Education's earnings presentation, Nov 6, 2018
Slide 1: Education that Makes a Difference
Education that Makes a Difference Presented by Dr. Wallace Boston Third Quarter 2018 Results President and CEO November 6, 2018 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, SAFE HARBOR Inc., or its subsidiaries, that are not historical facts are forward-looking statements based on current expectations, assumptions, estimates and STATEMENT projections about American Public Education, Inc. a
Slide 3: Recent Results & Highlights
PAGE 2 • For the three months ended September 30, 2018, APUS net course registrations declined by less than 1% and net course registrations by RECENT new students decreased 3%, compared to the prior year period. o Although net course registrations by students utilizing Federal Student Aid (FSA) RESU
Slide 4: Enrollment Stabilization/Optimization
PAGE 3 APUS Student Persistence Improved targeted outreach to college-ready students Enrollment Stabilization/Optimization A TOP PRIORITY: Course innovation project STUDENT Use of predictive analytics Increased outbound student engagement PERSISTENCE & Enhanced cross-departmental collabora
Slide 5: Financial Results Summary Third Quarter 2018
PAGE 4 • Consolidated revenues decreased by less than 1% to $73.0 million, compared to $73.3 million in the same period of 2017. FINANCIAL • Costs and Expenses: RESULTS • Instructional costs and services expenses decreased as a percentage of revenues to 38.6%, compared to 39.2% in the SUMMARY prior
Slide 6: APEI Outlook Fourth Quarter 2018
PAGE 5 Fourth Quarter 2018 APEI OUTLOOK Approximate Y/Y Change FOURTH QUARTER 2018 APUS Net course registrations1 -4% to +1% APUS Net course registrations1 by new students -5% to 0% The following statements are based on current expectations. HCN Student enrollment2 0% These statements are forward- H
Slide 7: We Change Lives Through Higher Education
6 We Change Lives Through Higher Education Contact: Chris Symanoskie, IRC Vice President, Investor Relations csymanoskie@apei.com
American Public Education — Q3 2018 Earnings Presentation on 6ix