APEI Q1 2023 Earnings — American Public Education, Inc. Revenue & Financial Results | Market Cap Arena

APEIAmerican Public Education, Inc.

$830M

Q1 2023 Earnings

Consumer Defensive Education & Training Services

Income Statement

Revenue

$150M-3.3% YoY

Gross Profit

$76M50.6% margin

Operating Income

-$5M-3.6% margin

Net Income

-$6M-3.8% margin

EPS (Diluted)

$-0.38

QoQ Revenue Growth

-1.8%

Cash Flow

Operating Cash Flow

$13M

Free Cash Flow

$10M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$619M

Total Liabilities

$276M

Stockholders' Equity

$343M

Cash & Equivalents

$109M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$150M	$155M	-3.3%
Gross Profit	$76M	$83M	-8.7%
Operating Income	-$5M	$5M	-203.3%
Net Income	-$6M	$5M	-207.6%

Revenue Segments

Instructional Services, Net Of Grants And Scholarships

$138M92%

Textbook And Other Course Materials

$11M7%

Other Fees

$916,0001%

Graduation Fees

$369,0000%

Geographic Segments

American Public Education Segment

$74M100%