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2023-03-13 18:10:36 ET Aspen Group ( NASDAQ: ASPU ) said Monday it has given a formal notice to Nasdaq of its intention to voluntarily delist its common stock from the exchange. The company said it expects "significant financial savings" after delisting from Nasdaq. The co...
NEW 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 intention to voluntarily delist its common stock from the Nasdaq Capital Market and to ...
Restructuring plan increases year-over-year gross margin to 60% from 51%, and narrows net loss to $(2.3) million from $(2.9) million Adjusted EBITDA of $0.5 million versus $(0.7) million in prior year quarter Positive operating cash flow of $1.0 million versus $(1.0) million i...
NEW 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 October 31, 2022, on Tuesday, December 13, 2...
Aspen Group ( NASDAQ: ASPU ) said Tuesday it canceled a $3M equity distribution deal with Northland Securities as it does not require the financing due to its ongoing restructuring, which is expected to result in over $14M savings through FY23-end. "... ...
NEW 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 it entered into on August 18, 2022 with Northland Securities, Inc. ȁ...
Aspen Group, Inc. (ASPU) Q1 2023 Earnings Conference Call September 13, 2022 04:30 PM ET Company Participants Michael Mathews - Chairman & Chief Executive Officer Matt LaVay - Chief Financial Officer Conference Call Participants Eric Martinuzzi - Lake...
The following slide deck was published by Aspen Group, Inc. in conjunction with their 2023 Q1 earnings call. For further details see: Aspen Group, Inc. 2023 Q1 - Results - Earnings Call Presentation
Aspen press release ( NASDAQ: ASPU ): Q1 GAAP EPS of -$0.15 misses by $0.02 . Revenue of $18.89M (-2.8% Y/Y) beats by $0.31M . Marketing spend decrease in Q4 2022 resulted in modest revenue decline in Q1 2023 Restructuring and lower marketing spend expected...
Marketing 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 corporate overhea...
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PHOENIX, May 02, 2024 (GLOBE NEWSWIRE) -- Aspen Group, Inc. ("AGI" or the "Company") (OTCQB:ASPU), an education technology holding compa...
PHOENIX, 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 Senior Secured Debentures issued May 11, 2023 with JGB Management Inc. (...