Company s 52-week low was at $24.43
Price action over last quarter: down 3.20%
Company Overview
American Public Education Inc provides online and on-campus post-secondary education including various undergraduate and graduate degree programs. The fields of study include business administration, health science, technology, criminal justice, education, liberal arts, national security, military studies, intelligence, and homeland security. There are two reporting segments: American Public Education segment which is the key revenue generator; and Hondros College of Nursing segment. The revenue is generated from net course registrations and enrollment, tuition rate, net tuition, and other fees.
American Public Education Reports Strong First Quarter 2021 Results
Year-Over-Year Enrollment Growth Continued for a Sixth Consecutive Quarter at APUS; Record Enrollment at Hondros College of Nursing
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CHARLES TOWN, W.V., May 10, 2021 /PRNewswire/ American Public Education, Inc. (Nasdaq: APEI) – parent company of online learning provider American Public University System (APUS) and on-ground pre-licensure Hondros College of Nursing (HCN) – announced financial results for the first quarter ended March 31, 2021 that reflect increased profitability and continued enrollment growth across both institutions.
First Quarter Highlights:
Consolidated revenue increased 18.7% year-over-year to $88.5 million
Net income more than doubled year-over-year to $0.49 per diluted share, and income from operations before interest income and income taxes increased to $10.6 million, compared to $2.7 million in the prior year period
Interest in healthcare jobs is on the rise
Nicholas McLaughlin/Summit Creative Arts
A CWRU Frances Payne Bolton School of Nursing student participates in a class during the fall 2020 semester at the Health Education Campus.
Ashley Bailey was just a few months into nursing school when the pandemic hit.
The next several months looked vastly different than she d planned. The Hondros College of Nursing student hadn t expected to do her clinicals online through virtual clinical experiences her nursing video game, as she calls it. With COVID-19 restrictions, bartending was no longer the reliable, flexible and lucrative option she d expected to carry her through her collegiate journey.
Among the five most common major fields for students pursuing an associate degree or undergraduate certificate, health professions and related clinical sciences programs fared the best in enrollment this spring, according to the latest numbers available from the National Student Clearinghouse Research Center.
American Public Education, Inc. (NASDAQ: APEI) – parent company of online learning provider American Public University System (APUS) and on-ground pre-licensure Hondros College of Nursing – plans to release first quarter 2021 results after the close of U.S. financial markets on May 10, 2021.