American Public Education, Inc. · NASDAQ:APEI
American Public Education — Q2 2015 Earnings Presentation
10 slides from American Public Education's earnings presentation, Aug 10, 2015
Slide 1: Recent Results and Developments, Second Quarter 2015
August 10, 2015 Recent Results and Developments Second Quarter 2015
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-looki
Slide 3: Second Quarter 2015 Results
American Public Education, Inc. SECOND QUARTER 2015 RESULTS Improved Persistence Offset By A Decline in Net Course Registrations • APUS continued to experience year-overyear declines in net course registrations by students using Federal Student Aid and DoD Tuition Assistance. • Undergraduate first c
Slide 4: Value & Brand Leadership: Competitive Advantage Drives Marketplace Differentiation
VALUE & BRAND LEADERSHIP Competitive Advantage Drives Marketplace Differentiation REPUTATION FOR LEADERSHIP 4 Advancing the Learning Experience | Exploring New Opportunities • AMU again ranked as the #1 school serving active duty service members by Military Times Magazine with approx. 17% market sha
Slide 5: Pursuit of Quality Growth
PURSUIT OF QUALITY GROWTH Academic Intent, Student Readiness & Persistence 5 Advancing the Learning Experience | Exploring New Opportunities Key initiatives appear to be improving our quality mix of students, which may lead to improved outcomes and future financial stability. Additional benefits of
Slide 6: Strategy & Key Initiatives
STRATEGY & KEY INITIATIVES Committed to Continuous Improvement Advancing the Learning Experience | Exploring New Opportunities 6 ADVANCING THE LEARNING PLATFORM; SEEKING NEW OPPORTUNITIES Key Initiatives Current Status Expand student persistence pilots, including ClearPath Ongoing Increase strategic
Slide 7: Financial Results Summary (Consolidated)
FINANCIAL RESULTS SUMMARY Second Quarter 2015 (Consolidated) Advancing the Learning Experience | Exploring New Opportunities 7 • Revenue decreased 6.1% to $80.3 million, compared to the prior year period. • Overall operating margins decreased in the second quarter of 2015: • Instructional costs and
Slide 8: Financial & Operational Outlook, Third Quarter 2015
FINANCIAL & OPERATIONAL OUTLOOK Third Quarter 2015 Advancing the Learning Experience | Exploring New Opportunities 8 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 reg
Slide 9: Financial Results Conference Call
Second Quarter 2015 Financial Results Conference Call August 10, 2015
Slide 10: Appendix I. Segment Expense Ratios
10 Advancing the Learning Experience | Exploring New Opportunities The table below includes a summary of expenses as a percent of revenue for our operating segments: 2015 2014 2015 2014 2015 2014 Revenues 100% 100% 100% 100% 100% 100% Costs and expenses: Instructional costs and services 34.8% 33.0%
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