Earnings Call Summary | American Public Education(APEI.US) Q2 2024 Earnings Conference
Earnings Call Summary | American Public Education(APEI.US) Q2 2024 Earnings Conference
The company anticipates full-year 2024 revenue between $620 million and $630 million, and adjusted EBITDA between $60 million and $70 million.The following is a summary of the American Public Education, Inc. (APEI) Q2 2024 Earnings Call Transcript:
以下是美國公共教育公司 (APEI) Q2 2024年業績會議錄音摘要:
Financial Performance:
金融業績：
APEI reported Q2 2024 revenue of $152.9 million, a growth of 3.9% year-over-year.
Adjusted EBITDA for the quarter rose 24% to $10.9 million, with an EBITDA margin improvement of 118 basis points to 7.2%.
The company anticipates full-year 2024 revenue between $620 million and $630 million, and adjusted EBITDA between $60 million and $70 million.
Second quarter revenue growth was driven by increments at APUS, Hondros, and Rasmussen, partially offset by a decline at the graduate school.
Adjusted net loss for the quarter improved to $0.06 per share from a $0.25 loss in the previous period after adjusting for a substantial impairment charge taken last year.
APEI報告Q2 2024年營業收入爲$152.9 million，同比增長3.9%。
調整後的Q2 EBITDA增長24%，至$10.9 million，EBITDA利潤率提高了118個點子，至7.2%。
公司預計全年2024營業收入將在$620-$630 million之間，調整後的EBITDA將在$60-$70 million之間。
第二季度的營業收入增長歸功於APUS、Hondros和Rasmussen的增量，部分抵消了研究生院的下滑。
經過上一年份的重大減值後，本季度調整後的淨虧損從每股$0.25下降至每股$0.06的虧損。
Business Progress:
業務進展：
Positive turn in enrollments for Rasmussen, with a 2% revenue increase and reduced EBITDA loss, signaling a movement towards profitability.
APUS experienced a 1.7% increase in net course registrations, driving revenue growth.
Enrollment at Hondros College continues to show robust growth, with a 10% year-over-year increase to 3,100 students.
Rasmussen expects to expand its campus footprint following the lifting of Department of Education growth restrictions to address high demand for nursing and other clinical roles.
Rasmussen布班人數出現積極趨勢，營收增長2%，EBITDA虧損下降，表明開始向盈利方向發展。
APUS的淨課程註冊增長了1.7%，推動了營收增長。
Hondros College的註冊仍然表現強勁，今年同比增長10%，達到了3,100名學生。
Rasmussen預計在教育部取消增長限制後，擴大校園規模以滿足對護理等臨床角色的高需求。
Opportunities:
機會：
Market demand in higher education, especially for service-minded sectors like nursing, presents significant growth opportunities for APEI, expected to reach about $173 billion by 2030.
Expansion plans for Rasmussen are set to address the critical shortage in nursing and other clinical roles, with a projected significant increase in demand for these professionals by 2031.
高等教育市場的需求，特別是護理等服務相關領域，將在2030年左右達到約$1730億的巨大增長機遇。
Rasmussen的擴張計劃旨在緩解護理和其他臨床角色的關鍵短缺，並在2031年前預計這些專業人員的需求將大幅增加。
Risks:
風險：
Potential enrollment impacts due to infrastructure setbacks at a relocated Hondros campus in Ohio.
由於俄亥俄州的Hondros校區被迫搬遷，可能影響到招生人數。
More details: American Public Education IR
更多詳細信息請參見美國公共教育公司IR。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。