Reports Q2 revenue $162.8M, consensus $160.88M. “At APEI, we continue to simplify our business, execute on our growth strategy and deliver on our stated financial results,” said CEO Angela Selden. “We exceeded the expectations we set for the second quarter with continued enrollment growth in our education units. Our balance sheet was further improved through the redemption of our preferred equity, which will save approximately $6M of go-forward annual cash expenses, and completed the sale of two corporate administrative buildings. In the second quarter, the Department of Education released the letter of credit of $24.5M of cash that was previously held as restricted cash on our balance sheet. Finally, we are pleased to announce that we have completed the sale of GSUSA, which closed on July 25, 2025.”
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