Aspen Group, Inc. (ASPU) Misses Q2 EPS by 4c

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Go back to Aspen Group, Inc. (ASPU) Misses Q2 EPS by 4c

Aspen Group Reports Revenue of $18.9 million for First Quarter Fiscal 2023

September 13, 2022 4:01 PM EDT

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

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