American Public Education (NASDAQ:APEI) outlined a four-year growth plan at a William Blair conference, with Chief Executive Officer Angie Selden saying the company expects revenue and adjusted earnings growth to be driven by its military-focused education business and its nursing education platform.
Selden said the company currently operates two primary businesses: Military+, which includes undergraduate, master’s and doctoral programs for active-duty military members, veterans and their families; and Health+, which includes Rasmussen University and Hondros College of Nursing. She said each business accounts for roughly half of the company’s approximately $650 million in revenue.