Post - secondary Education

Search documents
American Public Education(APEI) - 2025 Q2 - Earnings Call Presentation
2025-08-06 21:00
August 2025 2Q 2025 Earnings Presentation $162.8 M Revenue ($0.3) M Net loss available to common stockholders ($0.02) Diluted EPS 2Q'25 Business Highlights +7% YoY +38% YoY +13% YoY ($1.2 M) in 2Q'24 ($0.06) in 2Q'24 Enrollment Highlights Subsequent Event ▪ APEI completed the sale of GSUSA, including the transfer of the lease obligation on July 25, 2025 FORWARD- LOOKING STATEMENTS Statements made in this presentation regarding American Public Education, Inc. or its subsidiary institutions ("APEI" or the "Co ...
UPDATE – Lincoln Educational Services Corporation Schedules Second Quarter Earnings Release and Conference Call
Globenewswire· 2025-07-31 22:07
Company Overview - Lincoln Educational Services Corporation is a leading provider of diversified career-oriented post-secondary education, offering programs in skilled trades, automotive technology, health sciences, and information technology [4]. - The company has been providing skilled technicians to the workforce since its inception in 1946 [4]. - Lincoln operates 21 campuses across 12 states under three brands: Lincoln College of Technology, Lincoln Technical Institute, and Nashville Auto Diesel College [5]. Upcoming Financial Results - Lincoln will host a conference call to discuss its second quarter financial results on August 11, 2025, at 10:00 a.m. Eastern time [1]. - A news release outlining Lincoln's financial results will be issued before 9:30 a.m. Eastern time on the same day [1]. Accessing the Conference Call - Participants can access the live webcast of the conference call through the investor relations section of Lincoln's website [2]. - Registration for the teleconference is required, and participants will receive a personalized PIN for access [2]. - An archived version of the webcast will be available for 90 days on Lincoln's website [3].
Integrity College of Health, a Legacy Education Inc. Institution, Earns Prestigious National Accreditation for Bachelor of Science in Nursing Program
Prnewswire· 2025-06-30 13:00
Core Points - Legacy Education Inc. announced that Integrity College of Health has received initial accreditation from the NLN CNEA for its RN-BS Track (Distance) program, emphasizing its commitment to high-quality nursing education [1][2] - The accreditation signifies that the RN-BS program meets national standards and reflects a culture of academic excellence and continuous improvement [2] - Dr. Michelle Welch highlighted the accreditation as a recognition of the faculty, staff, and students' efforts, and it reinforces the institution's dedication to evidence-based and accessible education [3] Company Overview - Legacy Education is a nationally accredited, for-profit post-secondary education company founded in 2009, focusing on career-oriented education primarily in healthcare [4] - The company offers a variety of programs including nursing, sonography, medical technicians, and business administration, aiming to provide high-quality, accessible, and affordable education [4] - Legacy Education is committed to expanding its educational offerings through organic growth, new program additions, and strategic acquisitions [4]
Adtalem Global Education (ATGE) 2025 Conference Transcript
2025-06-04 20:45
Summary of Adtalem Global Education Conference Call Company Overview - **Company**: Adtalem Global Education - **Industry**: Post-secondary education, specifically healthcare-focused institutions - **Current Enrollment**: Approximately 92,000 to 94,000 students across five institutions, with 92% of programs in healthcare [1][5] Core Business and Strategy - **Mission**: Expand access to high-quality clinical careers for historically overlooked students and address critical workforce shortages in healthcare [4] - **Institutions**: - Chamberlain University: Largest nursing school in the U.S. with over 40,000 students [5] - Walden University: Fully online university with nearly 50,000 students, third largest nursing school [6] - Medical and Veterinary Schools: Two medical schools and one veterinary school serving about 4,500 students [6][7] - **Strategic Focus**: Operational excellence through a three-year strategy termed "growth with purpose," focusing on marketing, enrollment, retention, pricing, and programs [8][10] Financial Performance - **Enrollment Growth**: Total enrollment has grown sequentially for nine straight quarters [9] - **Revenue and Profitability**: Revenue growth has been primarily organic, with profitability improving significantly over the years [11] - **Earnings Per Share**: Attractive growth in earnings per share due to improved profitability and effective balance sheet management [11] Key Metrics and Achievements - **Leading Grantor**: Number one grantor of nursing and MD degrees in the U.S. [12] - **Alumni Success**: Strong employability and low cohort default rates, reflecting the quality of education and job placement [14] - **Diversity**: Largest producer of Black and Latino physicians in the U.S. [19] Market Environment - **Demand Trends**: Normalized demand environment post-COVID, with a growing competitive landscape in healthcare education [21][22] - **Competitive Moat**: Strong brand equity, clinical relationships, and regulatory approvals allow for uncapped student enrollment across states [23] Institutional Branding - **Chamberlain vs. Walden**: Distinct branding strategies allow for capturing different market segments; Chamberlain focuses on pre-licensure nursing while Walden targets post-licensure [24][26] Pricing Strategy - **Pricing Philosophy**: Chamberlain is positioned as a premium brand, while Walden operates as a more affordable option, allowing for a diverse enrollment mix [26][27] - **Price Optimization**: Adjustments made to pricing based on market conditions and enrollment trends [28][29] Future Growth and Sustainability - **Growth Drivers**: Focus on student success, maximizing existing capacity, and introducing new programs in new geographies [35][36] - **Operating Leverage**: Ability to grow revenues without proportional increases in expenses, targeting 100 basis points of margin improvement annually [38][39] Regulatory Environment - **Current Landscape**: Favorable regulatory conditions for proprietary higher education, with potential positive changes in legislation that could benefit Adtalem [47][50] - **Concerns**: Proposed cuts to education funding and loan programs, but the company believes it can manage these challenges through alternative financing options [51][53] Conclusion - **Outlook**: The company is optimistic about sustaining growth and profitability, with plans for future investor updates and projections [44][45]
Lincoln Stock Rises on Q1 Earnings Beat, Starts & Population Up Y/Y
ZACKS· 2025-05-13 17:50
Core Insights - Lincoln Educational Services Corporation (LINC) reported strong first-quarter 2025 results, with earnings and revenues exceeding the Zacks Consensus Estimate, marking the sixth consecutive quarter of double-digit growth [1][3] Financial Performance - Adjusted earnings per share were 11 cents, surpassing the Zacks Consensus Estimate of 4 cents by 175% and increasing 83.3% year-over-year [3] - Total revenues reached $117.5 million, exceeding the consensus estimate of $114 million by 3.2% and rising 13.7% from the previous year [3] - Adjusted EBITDA was $10.6 million, reflecting a year-over-year increase of 62.5% [5] Student Enrollment - Student starts (excluding the Transitional segment) grew by 20.9% to 4,610, while the quarter-end student population rose 18.3% to 15,904 compared to the previous year [4] - The average student population increased to 15,469 from 13,311 a year ago [4] Expenses and Cash Flow - Selling, general and administrative expenses increased by 10.6% year-over-year to $66.9 million, primarily due to costs related to new programs and campuses [4] - Cash and cash equivalents as of March 31, 2025, were $28.7 million, down from $59.3 million as of December 31, 2024 [7] Guidance and Projections - LINC raised its 2025 revenue guidance to between $485 million and $495 million, up from the previous range of $480-$490 million [8] - Adjusted EBITDA is now expected to be in the range of $58-$63 million, an increase from the earlier expectation of $55-$60 million [8] - Student starts growth is projected in the 10-14% range, up from the previous expectation of 8-12% [9]
American Public Education(APEI) - 2025 Q1 - Earnings Call Presentation
2025-05-12 20:52
1Q 2025 Earnings Presentation May 2025 You should not place undue reliance on any forward-looking statements. The Company undertakes no obligation to update publicly any forward-looking statements for any reason, unless required by law, even if new information becomes available or other events occur in the future. 2 1Q25 Executive Summary APEI is a market leader in the post-secondary education of active-duty military, veterans, new nurses, and health professionals, segments that have demonstrated stable and ...
Legacy Education Announces Formation of Advisory Board to Support Strategic Growth and Industry Expansion
Prnewswire· 2025-04-29 13:30
Core Insights - Legacy Education Inc. has established an Advisory Board to guide its strategic direction as it seeks to expand its national presence and program offerings [1][2] - The Advisory Board will provide advice on mergers and acquisitions, clinical site expansion, strategic partnerships, and public policy initiatives [2] Company Overview - Legacy Education is a nationally accredited, for-profit post-secondary education provider founded in 2009, focusing on career-oriented education primarily in the healthcare sector [6] - The company offers a variety of programs including nursing, medical technicians, dental assisting, and business administration, aiming to provide accessible and affordable education [6] Advisory Board Members - Robert deRose brings over 50 years of experience in finance and education, having led multiple company sales to Fortune 500 firms [3] - Tim Lehmann has over 40 years of experience in higher education, specializing in distance education and financing [4] - Mike Murphy has 40 years of experience in integrated healthcare delivery and has served as President and CEO of a Malcolm Baldrige Award-winning institution [5]
Legacy Education Inc. (LGCY) to Participate in the 37th Annual ROTH Conference
Prnewswire· 2025-03-10 19:30
Company Overview - Legacy Education Inc. is a leading provider of career-focused education and training, primarily in the healthcare field, offering certificates and degrees in various disciplines such as nursing, medical technicians, and dental assisting [3] - The company was founded in 2009 and is nationally accredited, focusing on providing high-quality, accessible, and affordable education [3] - Legacy Education aims to grow its educational footprint through organic enrollment growth, the addition of new programs, and accretive acquisitions [3] Conference Participation - Legacy Education will participate in the 37th Annual ROTH Conference from March 16-18, 2025, at The Laguna Cliffs Marriott in Dana Point, California, which connects growth-oriented companies with investors and industry leaders [1] - The CEO, LeeAnn Rohmann, and CFO, Brandon Pope, will hold one-on-one and small group meetings with institutional investors during the event to provide an overview of the company [2]