APEI Q2 2024 Earnings — American Public Education, Inc. Revenue & Financial Results | Market Cap Arena

APEIAmerican Public Education, Inc.

$830M

Q2 2024 Earnings

Consumer Defensive Education & Training Services

Income Statement

Revenue

$153M+3.9% YoY

Gross Profit

$77M50.2% margin

Operating Income

$2M1.5% margin

Net Income

$371,0000.2% margin

EPS (Diluted)

$-0.07

QoQ Revenue Growth

-1.0%

Cash Flow

Operating Cash Flow

$12M

Free Cash Flow

$7M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$561M

Total Liabilities

$272M

Stockholders' Equity

$289M

Cash & Equivalents

$130M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$153M	$147M	+3.9%
Gross Profit	$77M	$72M	+6.2%
Operating Income	$2M	-$65M	+103.4%
Net Income	$371,000	-$51M	+100.7%

Revenue Segments

Instructional Services, Net Of Grants And Scholarships

$141M92%

Textbook And Other Course Materials

$10M7%

Other Fees

$1M1%

Graduation Fees

$459,0000%

Geographic Segments

American Public Education Segment

$77M100%