Wednesday, September 14, 2016 4:44:03 PM
"Aspen just recorded its highest enrollment quarter in the company's history, all during our seasonally slowest summer period, which is a testament to the strength of our ‘pay-as-you-go,' debtless education business model. Our conversion rate increased to a record 11.2% in the quarter while reducing our cost of enrollment (CPE) for the quarter to $703," said Aspen Group Chairman and CEO Michael Mathews
. "As a result of our continued operating success and strong execution, we began increasing the size of our enrollment center this quarter and plan to double in size over the next 120 days."
Read more: http://www.nasdaq.com/press-release/aspen-group-reports-62-increase-in-revenue-for-first-quarter-fiscal-2017-gross-margin-increases-20160914-00948#ixzz4KGUlWyEc
Stock closed nicely today, and we're getting closer and closer to profit! IMO, it's only a matter of time before the stock starts to make a major move. Can't wait to read the transcript on the conference call.
Good luck to all!
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