American Public Education, Inc. · NASDAQ:APEI
American Public Education — Q2 2018 Earnings Presentation
7 slides from American Public Education's earnings presentation, Aug 8, 2018
Slide 1: Education that makes a difference
Education that makes a difference SECOND QUARTER 2018 RESULTS | AUGUST 8, 2018 PRESENTED BY DR. WALLACE BOSTON - PRESIDENT AND CEO 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 and Highlights
PAGE 2 • For the three months ended June 30, 2018, APUS net course registrations declined by less than 1% and net course registrations by RECENT new students decreased 1%, compared to the prior year period. RESULTS AND • Enrollment stabilization at APUS is supported in part by: • Increased gross-to-
Slide 4: Affordable Tuition Plus Academic Quality Equals High Social Value
PAGE 3 APUS - Long-Established Reputation for Affordable Access & Quality in Higher Education AFFORDABLE Embraces Low Tuition: TUITION PLUS • APUS undergraduate costs are 23% below the average published tuition and fee ACADEMIC price paid by full-time in-state students at public four-year institutio
Slide 5: Financial Results Summary
PAGE 4 • Consolidated revenues increased 1% to $72.8 million, compared to $72.2 million in the same period of 2017. FINANCIAL • Costs and Expenses: RESULTS • Instructional costs and services expenses decreased as a percentage of revenues to 39.8%, compared to 41.3% in the SUMMARY prior year period.
Slide 6: APEI Outlook Third Quarter 2018
PAGE 5 Third Quarter 2018 APEI OUTLOOK Approx. Y/Y Change THIRD QUARTER 2018 APUS Net course registrations1 by new students -13% to -8% APUS Net course registrations1 -6% to -2% The following statements are based on current expectations. HCN New student enrollment2 Approx. -3% These statements are f
Slide 7: Empowered to Change the World
PAGE 6 EMPOWERED TO CHANGE THE WORLD DIVERSE, HIGH-DEMAND AND Potential catalysts for value creation: COMPETITIVE STRENGTH IN HIGHLY RELEVANT STRONG BALANCE SHEET AND AFFORDABLE, ASSESSABLE CURRICULUM FOCUSED ON NET CASH FROM OPERATING • Strong & growing market demand PROGRAMS WORKFORCE SKILLS ACTIV
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