Hondros

American Public Education Reports First Quarter 2024 Financial Results

Retrieved on: 
Tuesday, May 7, 2024
Investment, Rasmussen University, APEI, American Public University System, APUS, Depreciation, Postgraduate education, HCN, Growth, Information technology, Faculty, Hondros, Advertising, Student, Graduate School USA, Airline

CHARLES TOWN, W.Va., May 7, 2024 /PRNewswire/ -- American Public Education, Inc. (Nasdaq: APEI), a portfolio of education companies providing online and campus-based postsecondary education and career learning to over 125,000 students through four subsidiary institutions, has reported unaudited financial and operational results for the first quarter ended March 31, 2024.

Key Points: 
  • CHARLES TOWN, W.Va., May 7, 2024 /PRNewswire/ -- American Public Education, Inc. (Nasdaq: APEI), a portfolio of education companies providing online and campus-based postsecondary education and career learning to over 125,000 students through four subsidiary institutions, has reported unaudited financial and operational results for the first quarter ended March 31, 2024.
  • Q1 2024 Adjusted EBITDA increased 143% year-over-year to $17.1 million.
  • Maintained a strong liquidity position, with total cash, cash equivalents and restricted cash of $153.2 million at March 31, 2024.
  • "The first quarter of 2024 was highlighted by continued revenue and margin momentum driven by consistent enrollment growth at APUS and Hondros with continued improvement at Rasmussen.

American Public Education Reports Second Quarter 2023 Results

Retrieved on: 
Tuesday, August 8, 2023
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CHARLES TOWN, W.Va., Aug. 8, 2023 /PRNewswire/ -- American Public Education, Inc. (Nasdaq: APEI) announced financial results for the quarter ended June 30, 2023.

Key Points: 
  • CHARLES TOWN, W.Va., Aug. 8, 2023 /PRNewswire/ -- American Public Education, Inc. (Nasdaq: APEI) announced financial results for the quarter ended June 30, 2023.
  • American Public University System ("APUS"), Hondros College of Nursing ("HCN"), and Graduate School ("GSUSA") all produced year-over-year registration or enrollment growth.
  • "APEI delivered second quarter adjusted EBITDA above our expectations and revenue at the high end of our expectations.
  • Adjusted EBITDA was $8.8 million in the three months ended June 30, 2023, compared to $14.5 million in 2022.

American Public Education Reports First Quarter 2023 Results

Retrieved on: 
Tuesday, May 9, 2023
HCN, Advertising, Hondros, Travel, Senior, American Public University System, Army, Education, Marketing, Rasmussen University, Postgraduate education, GSUSA, Graduate School USA, APUS, Public expenditure, EBITDA, Acquisition, APEI, Growth, RU, Hondros College of Nursing, Rare-earth element, Cryptocurrency, Nursing, Airline, SunGard, Corporation

"APEI delivered first quarter adjusted EBITDA above our expectations. APUS achieved a seven year enrollment record and Hondros an all-time high record enrollment. In second quarter, we expect three of our four education units -- APUS, Hondros, and GSUSA to continue to deliver enrollment gains," said Angela Selden, President and Chief Executive Officer of APEI, "Additionally, we recently appointed Paula Singer as the President at Rasmussen University to lead the efforts in reinvigorating enrollments and improving outcomes. Her 27 years of experience in higher education have established her as a highly regarded education and business leader with a track record of achieving significant enrollment growth."

Key Points: 
  • CHARLES TOWN, W.Va., May 9, 2023 /PRNewswire/ -- American Public Education, Inc. (Nasdaq: APEI) announced financial results for the quarter ended March 31, 2023.
  • Her 27 years of experience in higher education have established her as a highly regarded education and business leader with a track record of achieving significant enrollment growth."
  • Three months ended March 31, 2023 compared to three months ended March 31, 2022:
    Total consolidated revenue for 2023 decreased 3.3% to $149.7 million, compared to total revenue of $154.7 million in 2022.
  • Total costs and expenses increased 3.7% to $155.1 million in 2023, compared to $149.5 million for the same period in 2022.

American Public Education, Inc. Honors National Nurses Month with Nursing Excellence Awards, "Salute to Nurses" Tour

Retrieved on: 
Wednesday, May 3, 2023
Employment, American Public University System, Education, MSN, Hondros College of Nursing, Curriculum, Master of Science in Nursing, Rasmussen University, APUS, DNP, School, Student, APEI, Rasmussen, Master, Health, Africa-Italy Excellence Awards, LPN, Nursing, Hondros

CHARLES TOWN, W.Va., May 3, 2023 /PRNewswire/ -- American Public Education, Inc. (Nasdaq: APEI), one of the nation's leading educators of pre-licensure nurses, today announced multiple activities honoring nurses as part of the company's celebration of National Nurses Month. The annual appreciation month takes place every May and honors the many contributions nurses make to the health and well-being of our communities.

Key Points: 
  • The annual appreciation month takes place every May and honors the many contributions nurses make to the health and well-being of our communities.
  • APEI's institutions— Rasmussen University , Hondros College of Nursing and American Public University System (APUS)—are commemorating the month with "Nursing Excellence Awards", a "Salute to Nurses" community tour and "Diversity in Nursing" continuing education event, among other activities.
  • APEI is working to mitigate the chronic nursing shortage by training students with expanded, robust nursing curriculums at Rasmussen University, Hondros College of Nursing and American Public University System (APUS).
  • Throughout the month, Hondros is also facilitating a "Salute to Nurses" tour where staff will be making stops at healthcare facilities in their campus communities thanking nurses for their many contributions.

Hondros College of Nursing Opens New Campus near Detroit

Retrieved on: 
Tuesday, October 4, 2022
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BINGHAM FARMS, Mich., Oct. 4, 2022 /PRNewswire/ -- Hondros College of Nursing (HCN) today announced its new campus in the Detroit area to help address the current nursing shortage across Michigan and the United States. The college enrolls Practical Nursing (PN) program students at the campus located at 30700 Telegraph Road, Bingham Farms, Michigan.

Key Points: 
  • "Hondros College of Nursing is opening this new campus to provide the education and training necessary for healthcare employers in the Detroit area, and we are excited to be a part of the community," said Harry Wilkins, Chief Executive Officer at Hondros College of Nursing.
  • The new campus is now enrolling PN students from the Detroit area and is the eighth campus location for Hondros College of Nursing.
  • "Ciena Healthcare is looking forward to the opening of the Detroit campus of Hondros College of Nursing," said Allyson Bakewell, RN, BSN, MBA, director of talent acquisition at Ciena Healthcare.
  • In addition to the new Detroit campus, Hondros College of Nursing educates students at six Ohio campuses and one in Indiana.

Hondros College Announces RJ Billings as General Manager

Retrieved on: 
Tuesday, March 22, 2022
Education, Other Construction & Property, Construction & Property, Other Education, Continuing, Training, Marketing, Family, RJ, Leadership, National Association of Realtors, Hondros College, Growth, Adult, National Association, Billings, Montana, General manager, Organizational culture, Colibri Group, YWCA, Industry, Business administration, Knowledge, Student, Education, Insurance, Volunteering, Real estate, Property management, Management, Hondros

Hondros College , the leading real estate, home inspection, appraisal, insurance and mortgage educator for online, livestream and classroom learning in Ohio, is pleased to announce that RJ Billings has joined the company as General Manager.

Key Points: 
  • Hondros College , the leading real estate, home inspection, appraisal, insurance and mortgage educator for online, livestream and classroom learning in Ohio, is pleased to announce that RJ Billings has joined the company as General Manager.
  • Its where my family got started in real estate, and it changed our lives, said RJ Billings, General Manager at Hondros College.
  • The continued growth and care of Hondros College is in good hands with RJ.
  • Billings mother received her real estate license from Hondros in 2002, and his wife Sadie Billings was one of the first individuals in Ohio to complete the Hondros online real estate program.

American Public Education, Inc. Completes Acquisition of Rasmussen University

Retrieved on: 
Thursday, September 2, 2021
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(Nasdaq: APEI), the parent company of American Public University System ("APUS") and Hondros College of Nursing ("HCN"), today announced that it has completed its acquisition of Rasmussen University ("Rasmussen").

Key Points: 
  • (Nasdaq: APEI), the parent company of American Public University System ("APUS") and Hondros College of Nursing ("HCN"), today announced that it has completed its acquisition of Rasmussen University ("Rasmussen").
  • Rasmussen adds approximately 8,500 nursing students to the 2,300 nursing students already served by Hondros.
  • Pursuant to the purchase agreement for the Rasmussen acquisition, APEI elected to pay $29 million in cash at closing in lieu of issuing Preferred Stock to the seller.
  • American Public University System , which operates through American Military University and American Public University, is the leading educator to active-duty military and veteran students and serves approximately 90,000 adult learners worldwide.

American Public Education to Participate in the William Blair 41st Annual Growth Stock Conference

Retrieved on: 
Tuesday, June 1, 2021
Hondros College of Nursing, American Public University System, Hondros, NASDAQ, Selden, Nursing, Finance, Education in the United States, Wallace E. Boston Jr.

CHARLES TOWN, W.Va., June 1, 2021 /PRNewswire/ --American Public Education, Inc. (NASDAQ: APEI) parent company of online learning provider American Public University System (APUS) and on-ground pre-licensure Hondros College of Nursing announced that it will participate in the William Blair 41st Annual Growth Conference on Thursday, June 3, 2021.

Key Points: 
  • CHARLES TOWN, W.Va., June 1, 2021 /PRNewswire/ --American Public Education, Inc. (NASDAQ: APEI) parent company of online learning provider American Public University System (APUS) and on-ground pre-licensure Hondros College of Nursing announced that it will participate in the William Blair 41st Annual Growth Conference on Thursday, June 3, 2021.
  • APEI CEO Angela Selden is scheduled to present at 8:40 a.m. Central Time.
  • APEI's presentation will be webcast live and an archive of the webcast will be available for 90 days following the event.
  • American Public Education, Inc .

Hondros College of Nursing to Open New Campus in Akron

Retrieved on: 
Tuesday, January 19, 2021
Hondros College of Nursing, Hondros College, Akron, Ohio, Hondros, Ohio, Creative works, Films

COLUMBUS, Ohio, Jan. 19, 2021 /PRNewswire/ --To help address the current nursing shortage across Ohio and the U.S., Hondros College of Nursing (HCN) announced today its plan to open a new campus in Akron, Ohio.

Key Points: 
  • COLUMBUS, Ohio, Jan. 19, 2021 /PRNewswire/ --To help address the current nursing shortage across Ohio and the U.S., Hondros College of Nursing (HCN) announced today its plan to open a new campus in Akron, Ohio.
  • The new campus will enroll PN students from the Akron area and will be the seventh campus location for Hondros College of Nursing.
  • "Danbury Senior Living is excited for the Akron campus of Hondros College of Nursing to open," said Jamie Weston-Cook, manager of recruiting and digital strategy for Danbury Senior Living.
  • Hondros College of Nursing CEO Harry Wilkins also announced the appointment of Anthony Hibbs as the Regional Campus Executive Director for the Akron campus, along with the Cleveland campus, where he currently serves as Campus Director.

American Public Education to Webcast Fourth Quarter and Full Year 2020 Results Conference Call

Retrieved on: 
Monday, January 11, 2021
Hondros College of Nursing, American Public University System, NASDAQ, Hondros, Nursing, Finance, Service companies, Education in the United States, Wallace E. Boston Jr.

CHARLES TOWN, W.Va., Jan. 11, 2021 /PRNewswire/ --American Public Education, Inc. (NASDAQ: APEI) parent company of online learning provider American Public University System (APUS) and on-ground pre-licensure Hondros College of Nursing plans to release fourth quarter and full year 2020 results after the close of U.S. financial markets on March 9, 2021.

Key Points: 
  • CHARLES TOWN, W.Va., Jan. 11, 2021 /PRNewswire/ --American Public Education, Inc. (NASDAQ: APEI) parent company of online learning provider American Public University System (APUS) and on-ground pre-licensure Hondros College of Nursing plans to release fourth quarter and full year 2020 results after the close of U.S. financial markets on March 9, 2021.
  • The live webcast of its fourth quarter 2020 earnings conference call will be broadcast at 5:00 p.m. Eastern time on Tuesday, March 9, 2021.
  • A replay of the live webcast will also be available starting approximately two hours after the conclusion of the live conference call.
  • American Public Education, Inc. (NASDAQ: APEI) is a leading provider of higher learning dedicated to preparing students all over the world for excellence in service, leadership and achievement.