American Public Education, Inc. (APEI) Q3 2024 Earnings Call Transcript

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American Public Education, Inc. ( NASDAQ: APEI ) Q3 2024 Earnings Conference Call November 12, 2024 5:00 PM ET Company Participants Brian Prenoveau - IR Angela Selden - President and CEO Rick Sunderland - EVP and CFO Steve Somers - SVP, Chief Strategy and Corporate Development Officer Conference Call Participants Raj Sharma - B. Riley Securities Jasper Bibb - Truist Securities Matt Filek - William Blair Operator Thank you for standing by.

My name is Pam, and I will be your conference operator today. At this time, I would like to welcome everyone to the American Public Education Inc. Third Quarter 2024 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 [Operator Instructions]. I would now like to turn the conference over to Brian Prenoveau, Investor Relations.

You may begin. Brian Prenoveau Thank you, Pam. And good afternoon, everyone.

Welcome to the American Public Education's conference call to discuss third quarter 2024 results. Joining me on the call today are Angela Selden, President and Chief Executive Officer; Rick Sunderland, Executive Vice President and Chief Financial Officer; and Steve Somers, Senior Vice President and Chief Strategy and Corporate Development Officer. Materials for the call today are available in the Events and Presentations section of APEI's Web site.

Statements made today, during this conference call and any accompanying presentation regarding APEI and its subsidiaries that are not historical facts may be forward-looking statements based on current expectations, assumptions, estimates and projections. Forward-looking statements are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Forward-looking statements may sometimes be identified by words like anticipate, believe, seek, could, estimate, expect, can, may, plan, potentially, project, should, will, would and similar or opposite words.

Forward-looking statements include, without limitation, statements regarding expectations for registration and enrollments, revenue, earnings and adjusted EBITDA and other earnings guidance, repositioning Rasmussen University for growth, changing market demands and our ability to.