American Public Education, Inc. · NASDAQ:APEI
American Public Education — Q4 2015 Earnings Presentation
9 slides from American Public Education's earnings presentation, Feb 29, 2016
Slide 1: Recent Results and Developments Fourth Quarter 2015
February 29, 2016 Recent Results and Developments Fourth 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 -
Slide 3: Fourth Quarter 2015 Results: Improving Our Quality Mix of Students
FOURTH QUARTER 2015 RESULTS Improving Our Quality Mix of Students • APUS continued to experience year - over - year declines in net course registrations. • Net course registrations by returning students at APUS declined 6%, compared to the prior year period. • Undergraduate first course pass and com
Slide 4: APUS Institutional Goals
APUS INSTITUTIONAL GOALS Utilizing Education Technology & Improving Persistence 4 Advancing the Learning Experience | Exploring New Opportunities Refine Assessment & Application Processes Improve Conversion Rates Enhance The University Experience Optimize Targeted Outreach Increase Lead Quality & Ap
Slide 5: Financial Results Summary Fourth Quarter 2015 (Consolidated)
FINANCIAL RESULTS SUMMARY Fourth Quarter 2015 (Consolidated) Advancing the Learning Experience | Exploring New Opportunities 5 • Revenue decreased 5.9% to $85.9 million, compared to the prior year period. • Overall operating margins decreased in the fourth quarter of 2015: • Instructional costs and
Slide 6: Financial/Operational Outlook First Quarter 2016
FINANCIAL/OPERATIONAL OUTLOOK First Quarter 2016 Advancing the Learning Experience | Exploring New Opportunities 6 The following statements are based on current expectations. These statements are forward - looking and actual results may differ materially. Approximate Change (y/y) APUS Net course reg
Slide 7: Recent Accomplishments
RECENT ACCOMPLISHMENTS Committed to Long - Term Stability in a Difficult Environment Advancing the Learning Experience | Exploring New Opportunities 7 ADVANCING THE LEARNING PLATFORM; SEEKING NEW OPPORTUNITIES Recent Initiatives Current Status Expand student persistence pilots, including Fidelis/ Cl
Slide 8: Fourth Quarter 2015 Financial Results Conference Call
Fourth Quarter 2015 Financial Results Conference Call February 29, 2016
Slide 9: Appendix: GAAP to Non-GAAP Reconciliation
APPENDIX GAAP to Non - GAAP Reconciliation 9 GAAP to Non-GAAP Reconciliation: (in thousands, except per share data) Three Months Ended Twelve Months Ended Unaudited December 31, 2015 December 31, 2015 Revenue 85,912$ 327,910$ Total Costs and Expenses 70,190$ 275,629$ Less: Workforce Realignment Cost
American Public Education — Q4 2015 Earnings Presentation on 6ix