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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. (APEI) has entered a definitive agreement to acquire Rasmussen University for $329 million. The acquisition targets expansion in nursing and health sciences education, enhancing APEI's market position. With over 18,000 students and 24 campuses, Rasmussen aligns with APEI’s commitment to affordable, quality education. The deal is expected to generate annual synergies of $5 million in the first year and more than $10 million thereafter, positioning APEI for future growth and diversification. Preliminary Q3 2020 results show a 16.6% revenue increase year-over-year.
American Public University System (APUS) has appointed retired U.S. Marine Corps Lt. Gen. Vincent Stewart to its Board of Trustees. Stewart is currently the chief innovation and business intelligence officer for Ankura in Washington, D.C. His extensive experience in cybersecurity and intelligence is expected to enhance APUS’s educational offerings, particularly in cyber defense. APUS, a subsidiary of American Public Education (NASDAQ:APEI), is recognized as a National Center of Academic Excellence in Cyber Defense Education and offers more than 200 online degree programs, primarily servicing military students.
American Public Education, Inc. (NASDAQ: APEI) will announce its third quarter 2020 financial results on November 9, 2020, after U.S. markets close. A live webcast of the earnings conference call is scheduled for 5:00 p.m. Eastern time on the same day and can be accessed on the company's investor relations website at www.apei.com. A replay will be available approximately two hours after the call and will be archived for one year. The company supports over 80,000 adult learners worldwide through its educational platforms.
American Public University System (APUS) is named the most popular university for veterans using their GI Bill benefits, according to Military Times. This ranking, based on fiscal year 2019 data from the Department of Veterans Affairs, highlights APUS's affordable and flexible education offerings. APUS serves 17,648 GI Bill students, exceeding the next university by nearly 4,300 students. Additionally, APUS's GI Bill usage per student is the lowest among the top five universities. APUS, a subsidiary of American Public Education (NASDAQ: APEI), emphasizes high-quality education for military students.
American Public University System (APUS) and the Policy Studies Organization (PSO) are co-hosting the inaugural Space Education and Strategic Applications (SESA) Conference on October 15-16, 2020. This free virtual event, beginning at 8 a.m. Eastern, will feature prominent speakers from NASA, the U.S. Air Force, Lockheed Martin, and more. Key topics include space exploration and entrepreneurship. Notable speakers include U.S. Air Force Secretary Barbara Barrett and retired NASA Astronaut James Reilly. The conference aims to enhance discussions on military and civilian space issues.
American Public University System (APUS) has introduced APUS CareerLink, a specialized online job resource aimed at over 182,000 students and alumni. This platform connects users with vetted employers seeking skilled professionals, particularly in fields like nursing, public health, and cybersecurity. APUS CareerLink facilitates job searches by location, degree, and certifications and includes user profiles visible to recruiters. Christine Muncy, APUS's Associate VP of Career Services, emphasized the platform's role in enhancing student outcomes in a challenging job market exacerbated by COVID-19.
American Public Education (NASDAQ: APEI) will participate in the BMO Virtual Technology Summit. CEO Angela Selden is scheduled for a fireside chat on August 24, 2020, at 3:00 p.m. ET. Investors can access the live webcast and replay via the company’s website for 30 days post-event. APEI, known for its online learning services through subsidiaries like American Public University System and Hondros College of Nursing, serves over 80,000 adult learners globally with more than 200 academic programs.
American Public Education, Inc. (NASDAQ: APEI) reported strong financial results for Q2 2020, highlighting a 16.4% year-over-year revenue increase to $82.1 million, driven by enrollment growth. New student registrations at American Public University System surged 30%, while Hondros College of Nursing saw a 56% increase. Net income rose 35.9% to $6.7 million, equivalent to $0.45 per share. The company emphasizes its commitment to affordable education and has initiated technology investments to enhance learning experiences for a broader audience.
American Public Education, Inc. (NASDAQ: APEI) is set to announce its second quarter 2020 results on August 10, 2020, after U.S. market close. A live webcast of the earnings conference call will occur at 5:00 p.m. Eastern time on the same day, accessible through the investor relations section of www.apei.com. A replay will be available two hours post-call for one year. APEI offers academic programs globally through its subsidiaries, including the American Public University System and Hondros College of Nursing, serving over 80,000 adult learners.
American Public University System (APUS) has appointed Dr. Wade Dyke as its new president, effective August 12, 2020. General Alfred M. Gray, Chairman of the Board of Trustees, expressed confidence in Dr. Dyke’s ability to enhance academic excellence and expand the university's reach. Dr. Dyke brings extensive experience from his previous roles, including CEO of Great Hearts Academies and president of Kaplan University. With over 82,800 active students and a commitment to affordability, APUS aims to innovate online education.
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