American Public Education (APEI) reported Q4 earnings Thursday of $0.63 per diluted share, down from $0.64 a year earlier.

Three analysts polled by FactSet expected $0.54.

Revenue for the quarter ended Dec. 31 was $164.1 million, up from $152.8 million a year earlier.

Three analysts surveyed by FactSet expected $161.7 million.

American Public Education expects Q1 EPS of $0.09 to $0.17 on revenue of $161 million to $163 million. Analysts expect $0.35 and $162.1 million, respectively.

The company expects full year 2025 revenue between $650 million and $660 million. Three analysts polled by FactSet expect $650.1 million.