American Public Education, Inc. (APEI) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

At this time, I would like to welcome everyone to the APEI 3Q25 earnings call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. If you would like to ask a question during this time, simply press star followed by the number one on your telephone keypad. If you would like to withdraw your question, press star one again. Thank you. I would now like to turn the call over to Brian Prenneville, Investor Relations. Please go ahead. Thank you, and good afternoon, everyone. Welcome to American Public Education's conference call to discuss third quarter 2025 results. Joining me on the call today are Angela Seldon, President and Chief Executive Officer, Edward Kodispody, Executive Vice President and Chief Financial Officer, Barry Jansen, Senior Vice President of Growth and Strategy, Rick Sunderland, Executive Advisor to APEI, is also on today's call and will be available for the Q&A session. Materials for the call today are available in the events and presentations 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 10-K 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-loo...