Pivotal-Point Tracking American Public Education (APEI): US Education Company Increases EBITDA by 60% Thanks to Nursing and Military!
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American Public Education is a provider of affordable and career-oriented online and campus educational programs. It operates through its subsidiaries American Public University System (specializing in military and veterans education), Rasmussen University (focus on nursing and health), and Hondros College of Nursing. On November 10, the company reported Q3 figures that significantly exceeded expectations. The adjusted earnings per share were $0.30, far above the forecast of $0.08. Revenue increased by 7% year-over-year to $163.2 million. The strong...
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