American Public Education falls on downbeat revenue view

American Public Education

12/04/2023 14:15

** Shares of American Public Education Inc  APEI.O  fall 2%
to $5.8 premarket
    ** Says it expects its first quarter revenue forecast to be
between $148.1 mln and $150.1 mln, instead of previously issued
range of $155.1 mln to $157.1 mln  
    ** However, says it expects to exceed the high end of its
first quarter 2023 guidance range for adjusted core profit of
$2.4 mln to $4.1 mln
    ** Stock down ~54% this year, as of last close 

 (Reporting by Tejaswi Marthi in Bengaluru)
 ((tejaswi.marthi@thomsonreuters.com))