APEI Q3 2023 Earnings — American Public Education, Inc. Revenue & Financial Results | Market Cap Arena

APEIAmerican Public Education, Inc.

$830M

Q3 2023 Earnings

Consumer Defensive Education & Training Services

Income Statement

Revenue

$151M+0.9% YoY

Gross Profit

$78M51.5% margin

Operating Income

$6M4.2% margin

Net Income

-$3M-2.2% margin

EPS (Diluted)

$-0.27

QoQ Revenue Growth

+2.5%

Cash Flow

Operating Cash Flow

$20M

Free Cash Flow

$17M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$555M

Total Liabilities

$274M

Stockholders' Equity

$281M

Cash & Equivalents

$128M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$151M	$150M	+0.9%
Gross Profit	$78M	$78M	-0.1%
Operating Income	$6M	-$1M	+723.8%
Net Income	-$3M	-$4M	+11.5%

Revenue Segments

Instructional Services, Net Of Grants And Scholarships

$140M93%

Textbook And Other Course Materials

$10M6%

Other Fees

$953,0001%

Graduation Fees

$381,0000%

Geographic Segments

American Public Education Segment

$76M100%