American Public Education, Inc. · NASDAQ:APEI
American Public Education — Q1 2015 Earnings Presentation
9 slides from American Public Education's earnings presentation, May 11, 2015
Slide 1: Recent Results and Developments, First Quarter 2015
Advancing the Learning Experience. Exploring New Opportunities. May 11, 2015 Recent Results and Developments First 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: First Quarter 2015 Results: Implementing Key Initiatives
American Public Education, Inc. FIRST QUARTER 2015 RESULTS Implementing Key Initiatives Since January 2015, APUS expanded student retention pilots, implemented an admission assessment requirement and announced a tuition increase. New APUS undergraduate student failure/withdrawal rates improved and b
Slide 4: Pursuit of Quality Growth
PURSUIT OF QUALITY GROWTH Student Readiness, Academic Intent & Persistence 4 Advancing the Learning Experience | Exploring New Opportunities APU Enrollment Change 1Q15 vs. 1Q14 Students with GPA ≥ 2.0: +9% Students with GPA < 2.0: -30% (Excludes withdrawals, incompletes and students who have not rec
Slide 5: Strategy & Key Initiatives
STRATEGY & KEY INITIATIVES Committed to Continuous Improvement Advancing the Learning Experience | Exploring New Opportunities ADVANCING THE LEARNING PLATFORM; SEEKING NEW OPPORTUNITIES Key Initiatives Current Status Expand student persistence pilots, including ClearPath Ongoing Increase strategic r
Slide 6: Financial Results Summary
FINANCIAL RESULTS SUMMARY First Quarter 2015 Advancing the Learning Experience | Exploring New Opportunities Consolidated revenue decreased 3.6% to $85.4 million, compared to the prior year period. Overall operating margins decreased in the first quarter of 2015: Instructional costs and services as
Slide 7: Financial & Operational Outlook, Second Quarter 2015
FINANCIAL & OPERATIONAL OUTLOOK Second Quarter 2015 Advancing the Learning Experience Exploring New Opportunities 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 regist
Slide 8: Financial Results Conference Call
First Quarter 2015 Financial Results Conference Call May 11, 2015
Slide 9: Appendix I. Expense Ratios
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 33.2% 32.9% 57.5%
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