After the business reported Q4 results, shares of Aspen Group (NASDAQ:ASPU) plummeted in after-market trade.
Quarterly Results Earnings per share fell 200.00% year over year to ($0.09), missing the analyst consensus of ($0.05).
Revenue of $19,100,000 was up 35.46 percent from the same period previous year, beating the $18,510,000 projection.
Looking ahead, Aspen Group expects $85 million in revenue in FY22, compared to $86.29 million expected, and sees the details of the call.
Date: 13 July 2021
Time: 04:30 p.m. Eastern Standard Time https://www.aspu.com/ir-calendar/detail/1550/4th-quarter-2021-financial-results-conference-call/webcast
Highest price in 52 weeks: $13.16
The 52-week low for the company was $4.70.
Over the last quarter, prices have dropped 11.51 percent.
Overview of the Business
Aspen Group Inc is an education technology holding company that uses its infrastructure and experience to help its two campuses, Aspen University and United States University, achieve their goal of making college more affordable. Its only business component is an educational delivery operation that uses a basic infrastructure to meet the curriculum and educational delivery needs of its online and campus students regardless of location./n
