ASPU - Earnings announcements

Q2 Fiscal 2024 Highlights Gross margin increased by 300 basis points to 63% Operating loss improved 66% to ($0.5) million from ($1.5) millionNarrowed net loss to ($1.6) million from ($2.3) million4th consecutive quarter of positive EBITDA; generated positive cash from operationsAGI total enrollment grew by 5% YoY and 34% sequentially; USU enrollment rose by 8% YoY NEW YORK, Jan. 18, 2024 (GLOBE NEWSWIRE) -- Aspen Group, Inc. (OTCQB:ASPU) ("AGI" or the "Company"), an education technology holding company, today announced financial results for its second quarter fiscal year 2024 ended October 31, 2023. Second Quarter Fiscal Year 2024 Summary Results  Three Months Ended October 31, Six Mon

NEW YORK, Jan. 04, 2024 (GLOBE NEWSWIRE) -- Aspen Group, Inc. ("Aspen Group" or "AGI") (NASDAQ:ASPU), an education technology holding company, today announced that it will report financial results for the period ended October 31, 2023, on Thursday, January 18, 2024 at 4:30 pm ET. Conference Call Information: Aspen Group, Inc. will host a conference call to discuss its second quarter fiscal year 2024 results and business outlook on Thursday, January 18, 2024, at 4:30 pm ET. Aspen Group, Inc. will issue a press release reporting results after the market closes on that day. The conference call can be accessed by dialing toll-free (877) 704-4453 (U.S.) or (201) 389-0920 (International), pass

Restructuring plan increases year-over-year gross margin to 60% from 51%, and narrows net loss to $(2.3) million from $(2.9) millionAdjusted EBITDA of $0.5 million versus $(0.7) million in prior year quarterPositive operating cash flow of $1.0 million versus $(1.0) million in prior year quarter NEW YORK, Dec. 13, 2022 (GLOBE NEWSWIRE) -- Aspen Group, Inc. (NASDAQ:ASPU) ("AGI" or the "Company"), an education technology holding company, today announced financial results for its second quarter fiscal year 2023 ended October 31, 2022. Second Quarter Fiscal Year 2023 Summary Results  Three Months Ended October 31, Six Months Ended October 31, 2022 2021 2022 2021$ in millions, except per

NEW YORK, Nov. 29, 2022 (GLOBE NEWSWIRE) -- Aspen Group, Inc. ("Aspen Group" or "AGI") (NASDAQ:ASPU), an education technology holding company, today announced that it will report financial results for the period ended October 31, 2022, on Tuesday, December 13, 2022, at 4:30 pm ET. Conference Call Information: Aspen Group, Inc. will host a conference call to discuss its second quarter fiscal year 2023 results on Tuesday, December 13, 2022, at 4:30 pm ET. Aspen Group, Inc. will issue a press release reporting results after the market closes on that day. The conference call can be accessed by dialing toll-free (877) 704-4453 (U.S.) or (201) 389-0920 (International), passcode 13734314. Sub

Marketing spend decrease in Q4 2022 resulted in modest revenue decline in Q1 2023Restructuring and lower marketing spend expected to reduce total spending by $4.4 million in Q2 and $4.9 million per quarter in Q3 and Q4 of fiscal year 2023Continued corporate overhead controls drive sequential reduction in G&A NEW YORK, Sept. 13, 2022 (GLOBE NEWSWIRE) -- Aspen Group, Inc. (NASDAQ:ASPU) ("AGI"), an education technology holding company, today announced financial results for its first quarter fiscal year 2023 ended July 31, 2022. First Quarter Fiscal Year 2023 Summary Results  Three Months Ended July 31,$ in millions, except per share data  2022   2021 Revenue$18.9  $19.4 Gross Profit1$8.2  $

NEW YORK, Aug. 30, 2022 (GLOBE NEWSWIRE) -- Aspen Group, Inc. ("Aspen Group" or "AGI") (NASDAQ:ASPU), an education technology holding company, today announced that it will report financial results for the period ended July 31, 2022, on Tuesday, September 13, 2022, at 4:30 pm ET. Conference Call Information: Aspen Group, Inc. will host a conference call to discuss its first quarter fiscal year 2023 results on Tuesday, September 13, 2022, at 4:30 pm ET. Aspen Group, Inc. will issue a press release reporting results after the market closes on that day. The conference call can be accessed by dialing toll-free (877) 704-4453 (U.S.) or (201) 389-0920 (International), passcode 13732189. Subse

Fourth Quarter 2022 Highlights Diligent corporate overhead management drives sequential decline in G&ANarrowed net loss to $(2.1) million from $(2.3) millionAdjusted EBITDA, a non-GAAP financial measure, increased to $0.5 million compared to $(1.3) million in third quarter demonstrating leverage in the business model NEW YORK, July 19, 2022 (GLOBE NEWSWIRE) -- Aspen Group, Inc. (NASDAQ:ASPU) ("AGI"), an education technology holding company, today announced financial results for its fourth quarter and fiscal year ended April 30, 2022. Fourth Quarter and Full Fiscal Year 2022 Summary Results  Three months ended April 30, For the Years Ended April 30,$ in millions, exc

NEW YORK, July 13, 2022 (GLOBE NEWSWIRE) -- Aspen Group, Inc. ("Aspen Group" or "AGI") (NASDAQ:ASPU), an education technology holding company, today announced that it will report financial results for the period ended April 30, 2022, on Tuesday, July 19, 2022, at 4:30 pm ET. Conference Call Information: Aspen Group, Inc. will host a conference call to discuss its fourth quarter and fiscal year 2022 results and business outlook on Tuesday, July 19, 2022, at 4:30 pm ET. Aspen Group, Inc. will issue a press release reporting results after the market closes on that day. The conference call can be accessed by dialing toll-free (877) 704-4453 (U.S.) or (201) 389-0920 (International), passcode

NEW YORK, May 26, 2022 (GLOBE NEWSWIRE) -- Aspen Group, Inc. ("AGI") (NASDAQ:ASPU), an education technology holding company, today announced preliminary select financial results for the fourth quarter and fiscal year ended April 30, 2022. Preliminary, unaudited revenue for the fiscal year 2022 rose by 13% to $76.7 million compared to $67.8 million last year, with preliminary fourth quarter revenue of $19.4 million compared to $19.1 million in the prior year quarter. As previously disclosed by the Company, on April 22, 2022, the Company entered into an agreement with an insurance company that issued an approximately $18.3 million surety bond as required by the State of Arizona. In the four

Revenue increased to $18.9 million compared to $16.6 million last yearBusiness units with highest Lifetime Value (LTV) programs accounted for 56% of revenue Net loss of ($3.7) million, including losses of $1.3 million related to new campus expansion Received approval to open BSN Pre-Licensure program in Atlanta NEW YORK, March 15, 2022 (GLOBE NEWSWIRE) -- Aspen Group, Inc. (NASDAQ:ASPU) ("AGI"), an education technology holding company, today announced financial results for its third quarter fiscal year 2022 ended January 31, 2022. Third Quarter Fiscal Year 2022 Summary Results  Three Months Ended January 31, Nine Months Ended January 31,$ in millions, except per share data  2022   2021  

NEW YORK, Feb. 28, 2022 (GLOBE NEWSWIRE) -- Aspen Group, Inc. ("Aspen Group" or "AGI") (NASDAQ:ASPU), an education technology holding company, today announced that it will report financial results for the period ended January 31, 2022, on Tuesday, March 15, 2022, at 4:30 pm ET. Conference Call Information: Aspen Group, Inc. will host a conference call to discuss its third quarter fiscal year 2022 results and business outlook on Tuesday, March 15, 2022, at 4:30 pm ET. Aspen Group, Inc. will issue a press release reporting results after the market closes on that day. The conference call can be accessed by dialing toll-free (844) 452-6823 (U.S.) or (731) 256-5216 (International), passco

Revenue increased to $18.9 million compared to $17.0 million last yearBusiness units with highest LTV degrees accounted for 54% of revenue Net loss of ($2.9) million, an improvement of $1.5 million year-over-year NEW YORK, Dec. 14, 2021 (GLOBE NEWSWIRE) -- Aspen Group, Inc. (NASDAQ:ASPU) ("AGI"), an education technology holding company, today announced financial results for its second quarter fiscal year 2022 ended October 31, 2021. Second Quarter Fiscal Year 2022 Summary Results  Three Months Ended October 31, Six Months Ended October 31, 2021 2020 2021 2020$ in millions, except per share data       Revenue$18.9  $17.0  $38.4  $32.1 Gross Profit1$9.7  $9.3  $20.1  $18.3 Gross Margin (%)

NEW YORK, Nov. 29, 2021 (GLOBE NEWSWIRE) -- Aspen Group, Inc. ("Aspen Group" or "AGI") (NASDAQ:ASPU), an education technology holding company, today announced that it will report financial results for the period ended October 31, 2021, on Tuesday, December 14, 2021, at 4:30 pm ET. Conference Call Information: Aspen Group, Inc. will host a conference call to discuss its second quarter fiscal year 2022 results and business outlook on Tuesday, December 14, 2021, at 4:30 p.m. ET. Aspen Group, Inc. will issue a press release reporting results after the market closes on that day. The conference call can be accessed by dialing toll-free (844) 452-6823 (U.S.) or (731) 256-5216 (International), p

Revenue increased to $19.4 million compared to $15.2 million last yearBusiness units with highest Lifetime Value (LTV) programs accounted for 55% of revenue Net loss of ($0.9) million, unchanged year-over-yearEBITDA improves to $0.1 million from breakeven in prior year period NEW YORK, Sept. 14, 2021 (GLOBE NEWSWIRE) -- Aspen Group, Inc. (NASDAQ:ASPU) ("AGI"), an education technology holding company, today announced financial results for its first quarter fiscal year 2022 ended July 31, 2021. First Quarter Fiscal Year 2022 Summary Results  Three Months Ended July 31,$ in millions, except per share data (rounding differences may occur)2021 2020Revenue$19.4  $15.2 Gross Profit1$10.4  $9.0 

NEW YORK, Aug. 30, 2021 (GLOBE NEWSWIRE) -- Aspen Group, Inc. ("Aspen Group" or "AGI") (NASDAQ:ASPU), an education technology holding company, today announced that it will report financial results for the period ended July 31, 2021, on Tuesday, September 14, 2021, at 4:30 pm ET. Conference Call Information: Aspen Group, Inc. will host a conference call to discuss its first quarter fiscal year 2022 results and business outlook on Tuesday, September 14, 2021, at 4:30 p.m. ET. Aspen Group, Inc. will issue a press release reporting results after the market closes on that day. The conference call can be accessed by dialing toll-free (844) 452-6823 (U.S.) or (731) 256-5216 (International), pas