Aspen Group Delivers Positive Cash Flow from Operations in Fiscal Q1 2025
Aspen Group Inc. (ASPU)
NASDAQ:AMEX Investor Relations:
ir.aspen.edu
Company Research
Source: GlobeNewswire
Reports Revenue of $11.3 Million in Fiscal Q1 2025Further restructured operating expenses and debt to preserve cash and position the company for sustained positive EBITDA Successfully resolved outstanding regulatory issues during calendar year 2024Completion of teach-out for all AU BSN Pre-licensure students as of September 2024Demand for post-licensure nursing degrees remains strong PHOENIX, Dec. 06, 2024 (GLOBE NEWSWIRE) -- Aspen Group, Inc. (OTC Markets: ASPU) (“AGI”), an education technology holding company, today announced financial results for its first quarter of fiscal year 2025 ended July 31, 2024. First Quarter Fiscal Year 2025 Summary Results Three Months Ended July 31,$ in millions, except per share data 2024 2023 Revenue$11.3 $14.6 Gross Profit1$7.5 $9.8 Gross Margin (%)1
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