American Public Education, Inc. · NASDAQ:APEI
American Public Education — Q1 2014 Earnings Presentation
7 slides from American Public Education's earnings presentation, May 8, 2014
Slide 1: First Quarter 2014 Financial Results Conference Call
First Quarter 2014 Financial Results Conference Call May 8, 2014
Slide 2: Safe Harbor Statement
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 industr
Slide 3: First Quarter 2014 Highlights: Continued Execution of Strategic Plan
FIRST QUARTER 2014 HIGHLIGHTS CONTINUED EXECUTION OF STRATEGIC PLAN 3 MOVING FORWARD • APUS net course registrations by new civilian students increased year-over-year; net course registrations by new Military students declined, as expected. • New Strategic Relationships at APUS: • The Hartford • Was
Slide 4: Advancing Strategic Goals: Academic Quality, Innovation and Diversification
ADVANCING STRATEGIC GOALS ACADEMIC QUALITY, INNOVATION AND DIVERSIFICATION 4 MOVING FORWARD APEI Strategic Goals: • Expand Academic Excellence • Build Strategic Relationships • Increase Programmatic Diversification • Develop Innovative Processes • Advance Learning Technologies • Enter New Markets &
Slide 5: Financial Results Summary First Quarter 2014
FINANCIAL RESULTS SUMMARY FIRST QUARTER 2014 5 MOVING FORWARD • Revenues increased 6% to $88.6 million, compared to the prior year period. • Income from operations before interest income and income taxes was $16.7 million, compared to $18.2 million in the prior year period. • Overall operating margi
Slide 6: Second Quarter 2014 Financial and Operational Outlook
SECOND QUARTER 2014 FINANCIAL AND OPERATIONAL OUTLOOK 6 MOVING FORWARD The following statements are based on current expectations. These statements are forwardlooking and actual results may differ materially. Approximate Growth (y/y) APUS Net course registration growth by new students -7% to -4% APU
Slide 7: First Quarter 2014 Financial Results Conference Call
First Quarter 2014 Financial Results Conference Call May 8, 2014
American Public Education — Q1 2014 Earnings Presentation on 6ix