Brian Printabo
Head of Investor Relations
Replay available
American Public Education, Inc. (NASDAQ: APEI) Q2 2025 earnings conference call, held 2025-08-06. Replay captured from the company's public earnings webcast.

Head of Investor Relations
President and Chief Executive Officer
Executive Vice President and Chief Financial Officer
Analyst, Texas Capital
Analyst, Lake Street Capital Markets
Analyst, William Blair
Analyst, Northland Securities
Analyst, Truist Securities
to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you'd like to ask a question during this time, simply press star followed by the number one on your telephone keypad. Once again, star one. And if you'd like to withdraw your question, simply press star one again. Thank you. I would now like to turn the call over to Brian Printabo, head of investor relations. Brian. Thank you, Greg. And good afternoon, everyone. Welcome to American Public Education's conference call to discuss second quarter 2025 results. Joining us on the call today are Angela Seldon, president and chief executive officer, Rick Sunderland, executive vice president and chief financial officer, and Gary Jansen, senior vice president of strategy and growth. Materials for the call today are available in the events and presentation section of APEI's website. Statements made during this conference call and any accompanying presentation regarding APEI and its subsidiaries that are not historical facts may be forward-looking statements based on current expectations, assumptions, estimates and projections. Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements, such as those identified in our form 10K under the heading risk factors, including those related to potential impacts from government shutdowns or changing federal or state government policies, practices and laws, including impacts on revenues or the timing of receivables. Forward-looking statements may sometimes be identified by words like anticipate, believe, seek, could, estimate, expect, can, may, plan, potentially, project, should, will, would and similar or opposite words. F...