Welcome to our dedicated page for American Public news (Ticker: APEI), a resource for investors and traders seeking the latest updates and insights on American Public stock.
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 University System (APUS) and Saber Healthcare Group, have announced a TuitionWise partnership that allows Saber's affiliated employees to earn degrees and certificates using APUS' newly launched TuitionWise Grant. This program enables employees to pursue education with no out-of-pocket tuition costs by combining the company's tuition assistance with an APUS partner grant.
The TuitionWise program is designed to help companies recruit, retain, and upskill employees through meaningful education benefits. APUS offers over 200 programs, including various health sciences courses, which are delivered through an online, asynchronous model with monthly class starts. The partnership aims to support Saber's mission of professional development and employee growth across its 130+ skilled nursing and assisted living facilities in six states.
Rasmussen University and American Public University (APU) are co-hosting a National Virtual Career Fair on October 16, 2024, from 10 a.m. to 2 p.m. CST. This free event, open to the public, will connect job seekers with over 40 leading employers across various industries, including healthcare, technology, business, and government sectors.
The virtual format allows participants to attend from anywhere, offering opportunities to apply for jobs directly, chat live with recruiters, and share resumes. A preparatory webinar will be held on October 9 to guide participants on navigating the platform and engaging with recruiters effectively.
This initiative aims to address current workforce challenges and provide valuable connections in high-growth fields. Both institutions offer comprehensive career services to support students and alumni in their professional development.
Rasmussen University has announced a new corporate alliance with ChildCare Education Institute (CCEI), aiming to support early childhood educators in advancing their education and addressing the growing need for professionals in the field. The collaboration offers qualified CCEI students the opportunity to apply their existing knowledge towards Rasmussen's Early Childhood Education (ECE) programs.
Key benefits include:
- Earning an ECE Associate's degree for as low as $10,000
- Up to 30 credits through self-directed assessments
- Up to 12 credits waived for CDA® credential holders
- Tuition grant opportunities for ECE Bachelor's degree programs
This alliance addresses the projected 15% growth in early childhood education jobs from 2022 to 2032, as reported by the Bureau of Labor Statistics. It aims to provide accessible and affordable pathways for aspiring educators while strengthening the field with advanced education opportunities.
American Public University System (APUS) and the Policy Studies Organization (PSO) are hosting the inaugural Sport United Conference, a free virtual event focusing on sport and Esport management, scheduled for November 7-8, 2024. The conference is accepting speaking proposals until September 30 and will feature keynote speaker Paul Rabil, co-founder of the Premier Lacrosse League.
The event will explore topics such as name, image, and likeness (NIL), technologies reshaping sports, and coaching & athlete development. Notable speakers include experts from academia, sports organizations, and the private sector. The conference aims to foster collaboration between sport and Esport academia and industry, offering insights into the challenges and opportunities at the intersection of sports and policy.
American Public University System (APUS) and the Policy Studies Organization (PSO) are hosting the fifth annual Space Education & Strategic Applications (SESA) virtual conference on September 19-20, 2024. The free event, themed 'Preparing for the Cosmos: Readying the Next Generation of Space Explorers,' features keynote speakers including:
- Dr. Sian Proctor, SpaceX Inspiration4 pilot and social media star
- John F. Bentivegna, Chief Master Sergeant of the U.S. Space Force
- Carl Starr, Former James Webb Space Telescope Mission Ops Manager
The conference aims to bring together innovators, researchers, and decision-makers from the space community. A special 'Star Party' using APUS' 24-inch planewave research grade telescope will be held on September 19 at 9 p.m. ET.
American Public University System (APUS) and Policy Studies Organization (PSO) co-hosted a virtual conference on AI and the Future of Education, attracting over 1,000 registrants from 19 countries. The two-day event featured keynotes from AI experts, including Dr. Matthew Lease, Dr. Michael Jabbour, and Lori Glover, J.D. U.S. Rep. Dr. Jay Obernolte provided special remarks on AI's impact on education and economic growth.
The conference explored topics such as AI-driven personalized learning, ethical considerations, and future workforce needs. APUS President Nuno Fernandes emphasized the importance of adapting to technological advancements. Panels with educators addressed critical issues like data privacy and equitable access to AI tools. Recordings are available on PSO's YouTube channel, with a summary of key takeaways to be shared on the APUS Edge blog.
American Public University System (APUS) has expanded its partnership with LifeRamp to offer free professional coaching to all students at American Public University and American Military University. Previously to students nearing program completion, this service is now available from the first day of class. The ICF-certified coaching is provided in four languages (English, Spanish, French, and Portuguese) through LifeRamp's Launch 360° service.
This initiative enhances APUS's student services, which include AI-powered resume building, an online job board, virtual career fairs, and more. The coaching aims to support students in their personal and professional development, offering personalized guidance on strength assessment, goal planning, and skill improvement.
American Public Education, Inc. (APEI) reported Q2 2024 financial results, showing positive growth trends. Consolidated revenue increased 3.9% year-over-year to $152.9 million. Net loss improved to ($1.2) million, compared to ($52.7) million in Q2 2023. Adjusted EBITDA rose 24% to $10.9 million. Notably, Rasmussen University saw its first year-over-year enrollment increase since acquisition.
APEI reiterated its full-year 2024 guidance, projecting revenue of $620-$630 million, net income of $6-$13 million, and Adjusted EBITDA of $60-$70 million. The company highlighted improved performance across its educational institutions, with APUS showing continued growth in registrations and Hondros College of Nursing reaching record enrollment levels.
Rasmussen University has announced a new corporate alliance with Aspire Health Group, a leading long-term healthcare provider in Florida. The alliance aims to support Aspire Health Group's 6,000+ employees in advancing their education while addressing the nursing shortage in Florida's long-term care facilities. The partnership includes a tuition grant for qualified employees on various programs, including Practical Nursing (LPN), Professional Nursing (ADN), and Bachelor of Science in Nursing (BSN).
This collaboration comes at a important time as Florida's aging population is projected to increase significantly, with the 85+ age group expected to more than triple by 2030. Rasmussen University, a national leader in nursing education with five campuses in Florida, offers comprehensive support services and experienced faculty to ensure student success.
American Public Education, Inc. (NASDAQ: APEI) has scheduled its second quarter 2024 earnings call for Tuesday, August 6, 2024, at 5:00 PM Eastern Time. The company, which operates a portfolio of education companies providing online and campus-based postsecondary education and career learning to over 125,000 students through four subsidiary institutions, will discuss its financial results for the quarter ended June 30, 2024.
Financial results will be released in a press release prior to the call. Investors and interested parties can access the webcast through a provided link or via the company's website. A replay of the conference call will be available through August 6, 2025, allowing for extended access to the discussion.
FAQ
What is the current stock price of American Public (APEI)?
What is the market cap of American Public (APEI)?
What institutions are operated by American Public Education, Inc.?
What types of programs does APEI offer?
How is APEI expanding its reach in higher education?
What recent achievements has Rasmussen University made?
How is Hondros College of Nursing meeting the demand for healthcare professionals?
What financial performance did APEI report in the first quarter of 2024?
What recognition has APEI received for its educational offerings?
What is the mission of American Public Education, Inc.?
How does APEI support military and veteran students?
What partnerships has APEI established to support workforce development?
