Aspen Group Q4 FY26 net loss widens to $4.3 million; revenue drops 11% to $10.3 million
Reuters2026/08/18 12:04Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Aspen Group posted a GAAP net loss of $4.3 million, swinging from net income of $616,848 a year earlier.
- Revenue fell 11% to $10.3 million year over year; GAAP gross margin rose 5.33 percentage points to 76%.
- Non-GAAP adjusted EBITDA climbed 64% to $3.3 million, while operating cash flow increased to $1 million from $0.6 million.
- Net loss reflected $3.2 million in non-recurring non-cash charges, including $2.8 million of impairments tied to discontinued BSN pre-licensure operations.
- Management resumed direct marketing spend in fiscal 2027, extended its JGB Capital debt facility by one year, and continued work on merging Aspen University into USU.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Aspen Group Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608180800PRIMZONEFULLFEED9811724) on August 18, 2026, and is solely responsible for the information contained therein.
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