Revenue Update on American Public Education(NASDAQ:APEI)

American Public Education(NASDAQ:APEI) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during After-hours on Aug 9, 2016. Company reported revenue of $76.75M. Analysts estimated a revenue of $75.63M. Earnings per share were $0.41. Analysts had estimated an EPS of $0.40.

American Public Education (APEI) shares turned negative on Wednesdays trading session with the shares closing down -0.23 points or -1.03% at a volume of 84,419. The pessimistic mood was evident in the company shares which never went considerably beyond the level of $22.3. The peak price level was also seen at $22.3 while the days lowest was $21.95. Finally the shares closed at $22.01. The 52-week high of the shares is $30.785 while the 52-week low is $13.8. According to the latest information available, the market cap of the company is $354 M.

Several Insider Transactions has been reported to the SEC. On Jul 19, 2016, Timothy J Landon (director) sold 400 shares at $29.08 per share price.Also, On Jul 19, 2016, Carol S Gilbert (EVP, Programs and Marketing) sold 500 shares at $29.08 per share price.On Dec 18, 2015, Harry T Wilkins (EVP, Chief Development Officer) sold 250 shares at $20.53 per share price, according to the Form-4 filing with the securities and exchange commission.

American Public Education Inc. is a provider of online and on-campus post-secondary education. The Company operates through two subsidiary institutions: American Public University System Inc. (APUS) and National Education Seminars Inc. also referred as Hondros College of Nursing (HCON). The Company’s operations are organized into two segments: American Public Education Segment (APEI Segment) which includes operational activities of APUS other corporate activities and minority investments and Hondros College of Nursing Segment (HCON Segment) which includes operational activities of HCON. APUS provides online post-secondary education to the military and public safety communities. HCON provides nursing education to students at four campuses in the State of Ohio as well as online to serve the needs of the nursing and healthcare community.

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