APEI Q1 2024 Earnings — American Public Education, Inc. Revenue & Financial Results | Market Cap Arena

APEIAmerican Public Education, Inc.

$830M

Q1 2024 Earnings

Consumer Defensive Education & Training Services

Income Statement

Revenue

$154M+3.2% YoY

Gross Profit

$82M53.1% margin

Operating Income

$5M3.4% margin

Net Income

$516,0000.3% margin

EPS (Diluted)

$-0.06

QoQ Revenue Growth

+1.1%

Cash Flow

Operating Cash Flow

$21M

Free Cash Flow

$15M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$559M

Total Liabilities

$271M

Stockholders' Equity

$288M

Cash & Equivalents

$153M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$154M	$150M	+3.2%
Gross Profit	$82M	$76M	+8.2%
Operating Income	$5M	-$5M	+196.5%
Net Income	$516,000	-$6M	+109.0%

Revenue Segments

Instructional Services, Net Of Grants And Scholarships

$142M92%

Textbook And Other Course Materials

$10M7%

Other Fees

$1M1%

Graduation Fees

$660,0000%

Geographic Segments

American Public Education Segment

$81M100%