Aspen Group, Inc. (ASPU) Misses Q2 EPS by 2c

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Go back to Aspen Group, Inc. (ASPU) Misses Q2 EPS by 2c

Aspen Group Reports Revenue of $17.1 million for Second Quarter Fiscal 2023

December 13, 2022 4:01 PM EST

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

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