American Public Education, Inc. (APEI) Q4 2023 Earnings Call Transcript

American Public Education, Inc. (NASDAQ:APEI) Q4 2023 Earnings Conference Call March 5, 2024 5:00 PM ET

Company Participants

Chris Symanoskie - Vice President, Investor Relations
Angela Selden - President & Chief Executive Officer
Rick Sunderland - Executive Vice President & Chief Financial Officer
Steve Somers - Senior Vice President & Chief Strategy & Corporate Development Officer

Conference Call Participants

Jasper Bibb - Truist Securities
Matt Filek - William Blair
Raj Sharma - B. Riley
Alex Paris - Barrington Research

Operator

Good afternoon. My name is Jeannie, and I will be your conference operator today. I would like to welcome you to the APEI Reports Fourth Quarter 2023 Results Conference Call. All lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question-and-answer session. [Operator Instructions] Thank you.

I would now like to turn the call over to Chris Symanoskie, Investor Relations. You may begin your conference.

Chris Symanoskie

Great. Thank you, operator. Good afternoon, everyone. Welcome to American Public Education's conference call to discuss fourth quarter 2023 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 & Presentations section of APEI's website. Statements made during this conference call and in 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 may sometimes be identified by words such as anticipate, believe, seek, could, estimate, expect, can, may, plan, should, will, would and similar or opposite work. Forward-looking statements include, without limitation, statements regarding expectations for registrations and enrollments, revenue, earnings and adjusted EBITDA and other earnings guidance, initiatives to improve NCLEX pass rates and