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American Public Education, Inc. Completes Full Redemption of its Series A Senior Preferred Stock and Provides Other Capital Structure Updates
Prnewswire· 2025-07-01 12:32
Core Viewpoint - American Public Education, Inc. (APEI) is enhancing its financial position and simplifying its capital structure through recent actions, which are expected to benefit students and shareholders alike [5]. Financial Actions - APEI completed the redemption of all outstanding shares of its Series A Senior Preferred Stock for a total cash consideration of $44.5 million, which includes $1.4 million in accrued and unpaid dividends [2]. - The Department of Education released Rasmussen University's $24.5 million letter of credit, allowing the amount to be classified as unrestricted cash [3]. - APEI sold two corporate administrative office buildings in Charles Town, WV, for total sales proceeds of $22.4 million, with these assets previously classified as "held for sale" [4]. Institutional Overview - APEI serves over 125,000 students through its four subsidiary institutions, which include American Public University System, Rasmussen University, Hondros College of Nursing, and Graduate School USA [1][5]. - American Public University System (APUS) is a leading educator for active-duty military and veteran students, serving approximately 88,000 adult learners globally [6]. - Rasmussen University focuses on nursing and health sciences, serving around 14,600 students across 20 campuses and online [7]. - Hondros College of Nursing is the largest educator of Practical Nurses in Ohio, with approximately 3,700 students [8]. - Graduate School USA provides training to the federal workforce, offering customized contract training and open enrollment programs [9]. Accreditation - APUS and Rasmussen University are accredited by the Higher Learning Commission, while Hondros College is accredited by the Accrediting Bureau of Health Education Schools, and Graduate School USA is accredited by the Accrediting Council for Continuing Education & Training [10].
Stride's Earnings Estimates Trending Up: Is It Time to Buy the Stock?
ZACKS· 2025-06-19 14:45
Key Takeaways LRN's earnings estimates rose 6.3% for 2025 and 6.2% for 2026 over the past 60 days. Stride is seeing strong enrollment growth, up 20% year over year across key learning segments. Revenue guidance for 2025 was raised to $2.37B-$2.385B, implying up to 16.9% year-over-year growth.Stride, Inc.’s (LRN) earnings estimates for fiscal 2025 and 2026 have trended upward in the past 60 days. As evidenced by the chart below, the estimates grew 6.3% to $7.09 per share and 6.2% to $7.76 per share, respec ...
Stride vs. Chegg: Which Online Education Stock is a Smarter Buy?
ZACKS· 2025-06-09 14:46
Key Takeaways LRN stock has outpaced CHGG year to date, supported by strong enrollment growth and revenue momentum. Free AI tools are challenging Chegg paid subscription model, pressuring growth and market share. Stride trades at a premium P/S ratio than Chegg, indicating strong investor confidence and market potential.The online education space continues to evolve as digital learning becomes an increasingly mainstream option for students of all ages. Among the key players in this arena are Stride, Inc. ( ...
American Public Education Announces Upcoming Conference Participation
Prnewswire· 2025-05-29 20:05
Company Overview - American Public Education, Inc. (Nasdaq: APEI) operates a portfolio of education companies that provide online and campus-based postsecondary education and career learning to over 125,000 students through four subsidiary institutions [1][2] - The institutions under APEI include American Public University System, Rasmussen University, Hondros College of Nursing, and Graduate School USA, focusing on transforming lives, advancing careers, and improving communities [2] Subsidiary Institutions - American Public University System (APUS) serves approximately 88,000 adult learners worldwide, primarily focusing on active-duty military and veteran students [3][8] - Rasmussen University, with a history of 125 years, serves around 14,600 students across 20 campuses in six states and online, offering programs in nursing, health sciences, business, technology, design, early childhood education, and justice studies [4] - Hondros College of Nursing is the largest educator of Practical Nursing (LPN) nurses in Ohio, serving approximately 3,700 students across eight campuses [5][8] - Graduate School USA provides training to the federal workforce, offering customized contract training to federal agencies and open enrollment programs for government professionals [6] Accreditation - APUS and Rasmussen University are accredited by the Higher Learning Commission (HLC), while Hondros College is accredited by the Accrediting Bureau of Health Education Schools (ABHES) and Graduate School USA is accredited by the Accrediting Council for Continuing Education & Training (ACCET) [7] Upcoming Events - The company will participate in the William Blair's 45th Annual Growth Stock Conference from June 3-5, 2025, in Chicago, IL, with CEO Angela Selden presenting on June 5th [9] - APEI will also attend the D.A. Davidson 1st Annual Technology + Consumer Conference from June 9-11, 2025, in Nashville, TN, where both CEO Angela Selden and CFO Rick Sunderland will be available for meetings with investors [9]
Stride(LRN) - 2025 Q3 - Earnings Call Transcript
2025-04-30 01:53
Stride (LRN) Q3 2025 Earnings Call April 29, 2025 09:53 PM ET Speaker0 Ladies and gentlemen, thank you for standing by. My name is Abby, and I will be your conference operator today. At this time, I would like to welcome everyone to the Stride Incorporated Third Quarter twenty twenty five Earnings Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question and answer session. If you would like to ask a question during that time, ...
Stride(LRN) - 2025 Q3 - Earnings Call Presentation
2025-04-30 01:29
Q3 FY2025 Earnings Presentation April 29, 2025 Safe Harbor This presentation contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that involve substantial risks and uncertainties, such as statements about future revenue, adjusted operating income, capital expenditures, FY2028 targets, the funding environment, trends (including in enrollment), and effective tax rate. All statements other than statements of historical facts contained in this pr ...
Stride(LRN) - 2025 Q3 - Earnings Call Transcript
2025-04-29 21:00
Stride (LRN) Q3 2025 Earnings Call April 29, 2025 05:00 PM ET Company Participants Timothy Casey - VP Investor RelationsJames Rhyu - CEODonna Blackman - Chief Financial OfficerPatrick Mcilwee - Equity Research AssociateAlex Paris - President & Senior MD Conference Call Participants Jason Tilchen - Director & Senior Equity research AnalystGreg Parrish - AnalystJeff Silber - Senior Analyst Operator Ladies and gentlemen, thank you for standing by. My name is Abby, and I will be your conference operator today. ...
Strong Demand Delivers Another Record Quarter for Stride
Globenewswire· 2025-04-29 20:15
RESTON, Va., April 29, 2025 (GLOBE NEWSWIRE) -- Stride, Inc. (NYSE: LRN), one of the nation’s most successful technology-based education companies, today announced its results for the third fiscal quarter ended March 31, 2025. Third Quarter Fiscal 2025 Highlights Compared to 2024 Revenue of $613.4 million, compared with $520.8 million.Income from operations of $130.8 million, compared with $88.3 million.Net income of $99.3 million, compared with $69.7 million.Diluted net income per share of $2.02, compared ...