$ASPU News

Last published 4w ago

4w agoASPUAspen Group Delivers Net Income of $0.7 Million for First Quarter Fiscal Year 2027GlobeNewswireGenerated operating cash flow of $0.7 million in the first quarter, enabling the resumption of marketing spendRevenue held steady at $10.3 million for the third consecutive quarter; United States University increases
2mo agoASPUAspen Group Reports Fourth Quarter and Fiscal Year 2026 ResultsGlobeNewswireUnited States University revenue increased 5% during Fiscal 2026, driven by solid organic lead generationGenerated operating cash flow of $1.0 million in the fourth quarter, up from $0.6 million, enabling the resumption
6mo agoASPUAspen Group, Inc. Amends and Extends Debt AgreementGlobeNewswireMaturity Date Extended by One Year to May 2027Quarterly Principal Amortization Payment Reduced PHOENIX, May 11, 2026 (GLOBE NEWSWIRE) -- Aspen Group, Inc. ("AGI" or the "Company") (OTCQB:ASPU), an education
6mo agoASPUAspen Group to Present at 16th Annual LD Micro Invitational on May 19, 2026GlobeNewswirePHOENIX, May 05, 2026 (GLOBE NEWSWIRE) -- Aspen Group, Inc. ("AGI") (OTCQB:ASPU), an education technology holding company and the parent company of Aspen University (AU) and United States University (USU),
7mo agoASPUUNITED STATES UNIVERSITY Announces Strategic Alliance with PLAY MUSIC-ENJOYLIFE! to Expand After-School Music & Wellness ProgramsGlobeNewswireLOS ANGELES, March 23, 2026 (GLOBE NEWSWIRE) -- United States University (USU), a subsidiary of the parent company Aspen Group, Inc. ("AGI") (OTCQB:ASPU), today announced a new strategic alliance with PLAY
8mo agoASPUAspen Group Reports Fourth Consecutive Quarter of Net Income for Third Quarter Fiscal 2026GlobeNewswireQ3 Fiscal 2026 Highlights (compared to Q3 Fiscal year 2025) Record net income of $1.4 million versus net loss of $(1.0) million in Q3 FY2025 Operating expenses reduced 18% year-over-year, driving operating income of
8mo agoASPUAspen Group Announces Leadership TransitionGlobeNewswirePHOENIX, March 16, 2026 (GLOBE NEWSWIRE) -- Aspen Group, Inc. ("AGI") (OTCQB:ASPU), an education technology holding company and the parent company of Aspen University (AU) and United States University (USU),
11mo agoASPUAspen Group Reports Third Consecutive Quarter of Net Income for Second Quarter Fiscal 2026GlobeNewswireContinued profitability expansion with net income of $0.7 million versus net loss of $(1.1) million in Q2 FY2025, and up from net income of $0.4 million in Q1 FY2026Revenue of $11.2 million; USU increases 9%
11mo agoALBT ASPUAvalon GloboCare Acquires RPM Interactive, a Generative AI Software Company, in an All-Stock TransactionGlobeNewswireCompany forms a new subsidiary, Avalon Quantum AI, LLC, in connection with the acquisition Acquisition expected to resolve Nasdaq minimum stockholders' equity deficiency RPM Interactive has developed a fully automated,
1y agoASPUAspen Group Reports Second Consecutive Quarter of Net Income for First Quarter Fiscal 2026GlobeNewswireSecond consecutive quarter of net income of $0.4 million Revenue increased to $11.4 million, led by growth from USUDisciplined cost controls deliver operating income of $0.7 millionPositive Adjusted EBITDA of $1.9
1y agoASPUAspen Group, Inc. Announces Plan to Merge Aspen University and United States UniversityGlobeNewswireNEW YORK, Sept. 16, 2025 (GLOBE NEWSWIRE) -- Aspen Group, Inc. ("AGI") (OTCQB:ASPU), an education technology holding company and the parent company of Aspen University (AU) and United States University (USU),
1y agoASPUAspen Group Delivers Positive Operating Income in Third Quarter Fiscal 2025GlobeNewswireQ3 Fiscal 2025 Highlights (compared to Q3 Fiscal 2024) Gross margin increased by 400 basis points to 68%Lowered operating expense by $3.3 million to deliver operating income of $0.4 millionNet loss of $(0.9) million
1y agoASPUAspen Group, Inc. Announces Reaccreditation of Aspen University by Distance Education Accrediting CommissionGlobeNewswireNEW YORK, Feb. 25, 2025 (GLOBE NEWSWIRE) -- Aspen Group, Inc. ("AGI") (OTCQB:ASPU), an education technology holding company, today announced that Aspen University (AU) has received notification of its renewal
1y agoASPUAspen Group Reports Positive Cash from Operations Fiscal Year-to-DateGlobeNewswireQ2 Fiscal 2025 Highlights Reports revenue of $11.5 Million Gross margin increased to 71% from 63% Net loss of $(4.2) million reflects $(4.9) million one-time non-cash lease related impairment charges for right-of-use
1y agoASPUAspen Group Delivers Positive Cash Flow from Operations in Fiscal Q1 2025GlobeNewswireReports Revenue of $11.3 Million in Fiscal Q1 2025Further restructured operating expenses and debt to preserve cash and position the company for sustained positive EBITDA Successfully resolved outstanding regulatory
2y agoASPUAspen University Removed from HCM2 Payment MethodGlobeNewswirePHOENIX, Aug. 19, 2024 (GLOBE NEWSWIRE) -- Aspen Group, Inc. ("AGI" or the "Company") (OTCQB:ASPU), an education technology holding company, announced today that Aspen University ("AU") has been removed
2y agoASPUAspen University Announces the Distance Education Accrediting Commission has Vacated its Show Cause Directive Effective ImmediatelyGlobeNewswirePHOENIX, July 22, 2024 (GLOBE NEWSWIRE) -- Aspen Group, Inc. ("AGI" or the "Company") (OTCQB:ASPU), an education technology holding company, announced today that on July 19, 2024, the Company received
2y agoASPUAspen Group, Inc. Receives Stockholder Approval to Increase the Number of Shares of Common Stock AuthorizedGlobeNewswirePHOENIX, June 10, 2024 (GLOBE NEWSWIRE) -- Aspen Group, Inc. ("AGI" or the "Company") (OTCQB:ASPU), an education technology holding company, today announced that the Company received approval of an amendment to
2y agoASPUAspen Group, Inc. Amends DebenturesGlobeNewswirePHOENIX, May 02, 2024 (GLOBE NEWSWIRE) -- Aspen Group, Inc. ("AGI" or the "Company") (OTCQB:ASPU), an education technology holding company, today announced it entered into third and fourth amendments to its
2y agoASPUAspen Group Reports Revenue of $13.8 Million for Second Quarter Fiscal 2024GlobeNewswireQ2 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
2y agoASPUAspen Group, Inc. to Report Financial Results for the Second Quarter of Fiscal Year 2024 on January 18, 2024GlobeNewswireNEW 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
3y agoASPUAspen Group, Inc. Announces Up-listing to OTCQB MarketGlobeNewswireNEW YORK, Oct. 18, 2023 (GLOBE NEWSWIRE) -- Aspen Group, Inc. ("AGI") (OTCQB:ASPU), an education technology holding company, today announced its successful up-listing from the OTC Pink Market to the OTCQB®
3y agoASPUAspen University Executes Amendment to September 2022 Consent Agreement with the Arizona Board of Nursing that Permits the Teach-Out of its BSN Pre-Licensure Program to ContinueGlobeNewswireNEW YORK, March 27, 2023 (GLOBE NEWSWIRE) -- Aspen Group, Inc. ("Aspen Group" or "AGI") (NASDAQ:ASPU), an education technology holding company, today announced that Aspen University, Inc. ("Aspen") a subsidiary of
3y agoASPUAspen Group, Inc. Announces Voluntary Delisting from the Nasdaq Capital MarketGlobeNewswireNEW YORK, March 13, 2023 (GLOBE NEWSWIRE) -- Aspen Group, Inc. ("AGI") (NASDAQ:ASPU), an education technology holding company, today announced that it has given formal notice to the Nasdaq Stock Market of its
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3y agoASPUAspen Group Reports Revenue of $17.1 million for Second Quarter Fiscal 2023GlobeNewswireRestructuring 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
3y agoASPUAspen Group, Inc. to Report Financial Results for the Second Quarter Fiscal Year 2023 on December 13, 2022GlobeNewswireNEW 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
4y agoASPUAspen Group, Inc. Cancels Equity Distribution AgreementGlobeNewswireNEW YORK, Oct. 11, 2022 (GLOBE NEWSWIRE) -- Aspen Group, Inc. ("AGI") (NASDAQ:ASPU), an education technology holding company, today announced that the Company has canceled the Equity Distribution Agreement that
4y agoASPUAspen Group Reports Revenue of $18.9 million for First Quarter Fiscal 2023GlobeNewswireMarketing spend decrease in Q4 2022 resulted in modest revenue decline in Q1 2023 Restructuring 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 2023 Continued c
4y agoASPUAspen Group, Inc. to Report Financial Results for the First Quarter Fiscal Year 2023 on September 13, 2022GlobeNewswireNEW 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, Septemb
4y agoASPUAspen Group Reports 13% Increase in Revenue to $76.7 million for Fiscal Year 2022GlobeNewswireFourth Quarter 2022 Highlights Diligent corporate overhead management drives sequential decline in G&A Narrowed net loss to $(2.1) million from $(2.3) million Adjusted EBITDA, a non-GAAP financial measure, increased to $0.5 million compared t
4y agoASPUAspen Group, Inc. to Report Financial Results for the Fourth Quarter and Fiscal Year 2022 on July 19, 2022GlobeNewswireNEW 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 1
4y agoASPUUnited States University Announces WSCUC Accreditation Reaffirmed for Eight YearsGlobeNewswireNEW YORK, July 11, 2022 (GLOBE NEWSWIRE) -- Aspen Group, Inc. ("AGI") (NASDAQ:ASPU), an education technology holding company, today announced that United States University (USU), an online institution based in San Diego, CA., today received notice from
4y agoASPUAspen Group Announces Preliminary Fourth Quarter and Fiscal Year 2022 Financial ResultsGlobeNewswireNEW 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. Preliminar
4y agoASPUAspen Group, Inc. to Participate in the B. Riley 22nd Annual Institutional Investor Conference on May 25, 2022GlobeNewswireNEW YORK, April 19, 2022 (GLOBE NEWSWIRE) -- Aspen Group, Inc. ("AGI") (NASDAQ:ASPU), an education technology holding company, today announced that Michael Mathews, Chairman and Chief Executive Officer, and Matt LaVay, Chief Financial Officer, will par
4y agoASPUAspen Group Reports 14% Revenue Growth for Third Quarter Fiscal 2022GlobeNewswireRevenue increased to $18.9 million compared to $16.6 million last year Business 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
4y agoASPUAspen Group, Inc. Announces Closing of Convertible Notes and Revolving Credit FacilityGlobeNewswire$10 Million Received at Closing with an Additional $20 Million Facility in PlaceProvides Growth Capital for Expansion of Nursing Degree Programs in High Growth Markets NEW YORK, March 15, 2022 (GLOBE NEWSWIRE) -- Aspen Group, Inc. ("AGI") (NASDAQ:AS
4y agoASPUAspen Group, Inc. to Report Financial Results for the Third Quarter Fiscal Year 2022 on March 15, 2022GlobeNewswireNEW 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, Marc
4y agoASPUAspen University Receives Approval to Open BSN Pre-Licensure Program in Atlanta, GeorgiaGlobeNewswireNEW YORK, Jan. 20, 2022 (GLOBE NEWSWIRE) -- Aspen Group, Inc. ("AGI") (NASDAQ:ASPU), an education technology holding company, today announced that Aspen University received the final required state and board of nursing regulatory approvals for their Ba
4y agoASPUAspen Group Reports Revenue of $18.9 million, or 12% Growth, for Second Quarter Fiscal 2022GlobeNewswireRevenue increased to $18.9 million compared to $17.0 million last year Business 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
4y agoASPUAspen Group, Inc. to Report Financial Results for the Second Quarter Fiscal Year 2022 on December 14, 2021GlobeNewswireNEW 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, Dece
5y agoASPUAspen Group Reports Record Revenue of $19.4 million or 28% Growth in First Quarter Fiscal 2022GlobeNewswireRevenue increased to $19.4 million compared to $15.2 million last year Business units with highest Lifetime Value (LTV) programs accounted for 55% of revenue Net loss of ($0.9) million, unchanged year-over-year EBITDA improves to $0.1 million from b
5y agoASPUASPEN GROUP INC (ASPU) Q1 2022 Earnings Call TranscriptEarnings Call TranscriptsASPU earnings call for the period ending June 30, 2021.
5y agoASPUAspen Group, Inc. to Report Financial Results for the First Quarter Fiscal Year 2022 on September 14, 2021GlobeNewswireNEW 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, Septemb
5y agoASPUAspen Group, Inc. Announces Change to Its Board of DirectorsGlobeNewswireC. James Jensen to Step Down from Board of Directors and Join Company's Advisory Board Dr. Joan Prince, Former Honorary Ambassador to the United Nations, to Join Board of Directors NEW YORK, July 14, 2021 (GLOBE NEWSWIRE) -- Aspen Group, Inc. ("As
5y agoASPUAspen Group Reports Record Revenue of $67.8 million or 38% Growth in Fiscal Year 2021GlobeNewswireBSN Pre-Licensure and USU fourth quarter 2021 revenue accounted for 51% of consolidated revenue Introduces Full-year Guidance for Fiscal 2022 NEW YORK, July 13, 2021 (GLOBE NEWSWIRE) -- July 13, 2021 - Aspen Group, Inc. (NASDAQ:ASPU) ("AGI"), an
5y agoASPUASPEN GROUP INC (ASPU) Q4 2021 Earnings Call TranscriptEarnings Call TranscriptsASPU earnings call for the period ending June 30, 2021.
5y agoASPUAspen Group, Inc. Appoints Matthew LaVay as Chief Financial OfficerGlobeNewswireNEW YORK, July 13, 2021 (GLOBE NEWSWIRE) -- Aspen Group, Inc. ("Aspen Group" or "AGI") (NASDAQ:ASPU), an education technology holding company, today announced the appointment of Matthew LaVay to its executive management team as Chief Financial Officer,
5y agoASPUAspen Group Announces Record Revenues of $19.1 Million as Growth Rate Improved to 35% in Fiscal Fourth Quarter 2021GlobeNewswireFull-year Fiscal 2021 bookings grew 29% to $143.4 million Full-year Fiscal 2021 revenue increased 38% to $67.8 million Total available liquidity at the end of Fiscal 2021 was $13.5 million NEW YORK, June 23, 2021 (GLOBE NEWSWIRE) -- Aspen Grou