American Public Education, Inc. ( (APEI) ) has released its Q4 earnings. Here is a breakdown of the information American Public Education, Inc. presented to its investors.
American Public Education, Inc. (APEI) is a portfolio of education companies offering online and campus-based postsecondary education and career learning through its subsidiaries, including American Public University System, Rasmussen University, and Hondros College of Nursing. It serves over 125,000 students, with a focus on military and healthcare education.
In its latest earnings report, American Public Education, Inc. announced that its net income and adjusted EBITDA exceeded guidance for the fourth quarter of 2024. The company’s revenue increased by 7.4% year-over-year, driven by improvements in its APUS, Rasmussen, and Hondros College of Nursing segments.
Key financial highlights for the fourth quarter of 2024 include a consolidated revenue of $164.1 million and a net income of $11.5 million, consistent with the previous year. Adjusted EBITDA saw a significant increase to $31.4 million from $25.7 million in the same quarter of 2023. The company also reported a rise in student enrollments across its institutions, with Rasmussen University and Hondros College of Nursing showing notable growth.
Looking ahead to 2025, APEI has set a revenue guidance range of $650 million to $660 million and an adjusted EBITDA range of $75 million to $85 million. The company plans to focus on simplifying and strengthening its military and healthcare divisions, which includes closing underperforming campuses and terminating several long-term contracts.
Overall, American Public Education, Inc. remains optimistic about its future financial performance, with strategic initiatives aimed at enhancing operational efficiency and long-term financial results.
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