American Public Education, Inc. (APEI) Q2 2024 Earnings Call Transcript

American Public Education, Inc. (NASDAQ:APEI) Q2 2024 Earnings Conference Call August 6, 2024 5:00 PM ET

Company Participants

Brian Prenoveau - 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

Raj Sharma - B. Riley
Jasper Bibb - Truist Securities

Operator

Hello, and welcome to the American Public Education, Inc. Second Quarter 2024 Earnings 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, Sarah, and good afternoon, everyone. Welcome to American Public Education's conference call to discuss second quarter 2021 results. Joining me on the call today are Angela Selden, President and Chief Executive Officer; Rick Sunderland, Executive Vice President and Chief Financial Officer; Steve Somers, Senior Vice President, Chief Strategy and Corporate Development Officer.

Materials for the call today are available in the Quarterly Reports 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 maybe considered 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 work. Forward-looking statements include, without limitation, statements regarding expectations for registrations and enrollments, revenue, earnings and adjusted EBITDA and other earnings guidance, repositioning Rasmussen University for growth, change in market demands and our ability to satisfy such demand and other company initiatives, including with