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American Public Education, Inc. (NASDAQ: APEI) is a leading provider of higher education services committed to transforming lives by preparing students for excellence in service, leadership, and achievement. Through its wholly owned subsidiaries, APEI offers respected, career-relevant, and affordable academic programs and services to a diverse range of students worldwide. The company operates under several key institutions, including the American Public University System (APUS), which encompasses the American Public University (APU) and the American Military University (AMU), as well as the National Education Seminars, Inc., known as Hondros College of Nursing.
APEI offers nearly 100 degree programs in fields that range from homeland security, military studies, intelligence, and criminal justice to technology, business administration, public health, nursing, and liberal arts. The American Public University System is a pioneer in online education, with over 137,000 alumni from more than 100 countries, and is expanding its reach globally to integrate emerging technologies, such as AI-powered classrooms and personalized digital services, to enhance teaching and learning experiences.
Rasmussen University, another key entity under APEI, is a 120-year-old institution focused on nursing and health sciences, serving approximately 13,500 students across its 22 campuses in six states and online. It offers a full range of nursing education from Practical Nursing to Doctor of Nursing Practice (DNP). Rasmussen University has introduced new grants and tuition reimbursement programs in collaboration with organizations like GuideWell and Saber Healthcare Group to support workforce development and higher education affordability.
The Hondros College of Nursing provides pre-licensure nursing education at eight campuses across Ohio, Indiana, and Michigan, making it the largest educator of PN (LPN) nurses in Ohio. It is expanding its program offerings, such as the new Medical Assisting program, to meet the growing demand for healthcare professionals.
APEI’s financial condition remains robust, with a strong liquidity position and consistent revenue growth. In the first quarter of 2024, APEI reported consolidated revenues of $154.4 million, marking a year-over-year increase of 3.2%. The company’s financial stability is further confirmed by its recognition as one of the world’s top EdTech companies by TIME Magazine and Statista Inc.
Overall, APEI's commitment to innovation in education, strong partnerships, and emphasis on affordability and accessibility positions it as a significant player in the higher education sector, continually striving to meet the evolving needs of students, communities, and industries.
American Public Education, Inc. (NASDAQ: APEI) will announce its second quarter 2022 results on August 9, 2022, after U.S. markets close. A live webcast of the earnings call is scheduled for 5:00 p.m. Eastern on the same day, available through the company's investor relations webpage. A replay will be accessible approximately two hours post-call for six months. The company is known for its focus on career-centered education, notably serving military and veteran students through institutions like American Public University System and Rasmussen University.
American Public University System's Executive Director of the Center for Cyber Defense, Dr. Kenneth L. Williams, has been appointed to The Cyber AB's Academic Advisory Council. This council comprises experts from various academic institutions within the Cybersecurity Maturity Model Certification (CMMC) ecosystem. Dr. Williams, who also serves as Interim Department Chair for Cybersecurity and is a U.S. Army veteran, aims to enhance digital risk management for the Department of Defense. This appointment follows APUS's recent partnership with U.S. Cyber Command to strengthen national cyber defense.
American Public University System (APUS) has appointed retired U.S. Marine Corps Lieutenant General Lori E. Reynolds to its Board of Trustees. Reynolds brings over 35 years of leadership experience, including her role as Deputy Commandant of the Marine Corps for Information. She aims to enhance APUS's mission to provide accessible online education to diverse learners, particularly military and veteran students. Reynolds has held significant positions globally and possesses advanced degrees in National Security Policy Studies, contributing valuable insights to the Board.
American Public Education, Inc. (Nasdaq: APEI) has appointed Anna Fabrega and James Kenigsberg to its Board of Directors and named Tanya Axenson as the new Chief Human Resource Officer. Fabrega, a former CEO at Freshly, brings over 22 years of leadership experience, including significant roles at Amazon. Kenigsberg, a technology expert and founding CTO of 2U Inc., offers extensive experience in the education sector. Axenson has over 20 years in HR, previously serving at Erickson Senior Living. This leadership enhancement aims to support APEI's strategic ambitions and strengthen its educational mission.
American Public Education, Inc. (Nasdaq: APEI) announced the appointments of Anna Fabrega and James Kenigsberg to its Board of Directors, and Tanya Axenson as Chief Human Resources Officer (CHRO). This leadership addition is aimed at enhancing APEI's enterprise transformation and growth in the adult learning sector. Fabrega, with extensive experience in e-commerce and operations, previously led Amazon Go's store operations, while Kenigsberg, a tech entrepreneur, co-founded 2U, Inc. Axenson has over 20 years in HR, focusing on diversity and inclusion in her previous roles.
American Public University System (APUS) will exhibit at the 2022 Society for Human Resource Management (SHRM) Annual Conference & Expo from June 12-15 in New Orleans. APUS specializes in online degree programs and aims to address employee skills gaps through tailored education and partnerships with businesses. The team will seek opportunities for students and alumni while promoting their free services to organizations. APUS offers over 200 online programs and is a subsidiary of American Public Education, Inc. (Nasdaq: APEI).
The Graduate School USA will host NASA Inspector General Paul Martin on the June 6 broadcast of "The Search for Accountability" at 2:00 p.m. ET. This program, led by Michael Binder, aims to discuss the vital oversight roles of federal inspectors general in maintaining integrity in government. Martin oversees audits and investigations into efficiency within NASA, highlighting his extensive background in federal oversight. The show is intended to elevate public awareness of the importance of accountability in governmental operations.
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