Welcome to our dedicated page for Strategic Education news (Ticker: STRA), a resource for investors and traders seeking the latest updates and insights on Strategic Education stock.
Strategic Education, Inc. reports developments across an education-services business serving working adult students and employer-sponsored learners. News commonly covers quarterly operating results, segment performance in Education Technology Services, U.S. Higher Education, and Australia/New Zealand, and activity at Sophia Learning, Workforce Edge, Strayer University, Capella University, and Torrens University.
Company updates also include employer and academic partnerships, online general education courses recommended for college credit, education-benefits administration, student and program achievements, annual reporting, shareholder meeting materials, and governance matters tied to the company’s public-company calendar.
Strategic Education (NASDAQ: STRA) reported financial results for Q2 2021, showcasing a 16.9% revenue increase to $299.2 million year-over-year. Adjusted income from operations fell to $53.7 million, and net income dropped to $20.0 million. Student enrollment in the U.S. Higher Education segment declined 9.9%, while the Australia/New Zealand segment generated $74.1 million in revenue. Strategic Education declared a $0.60 quarterly dividend, payable on September 13, 2021, and highlighted ongoing investments in various segments.
Strategic Education, Inc. (NASDAQ: STRA) announced a conference call to discuss its Q2 2021 results on July 28, 2021, at 10:00 a.m. ET. A press release detailing the financial results will be issued before the market opens that day. Investors can join the call by dialing (877) 303-9047 or via webcast on the company’s website. The call will also be archived for later access.
Strategic Education focuses on advancing economic mobility through higher education, serving working adult students with accredited programs and innovative learning solutions.
A recent survey by Strayer University highlights significant dissatisfaction among women in the workforce, especially during the pandemic. Over 2 million women left their jobs, with many seeking better opportunities. The survey showed that 54% of working women spend up to five hours daily searching for new jobs, indicating widespread discontent. Notably, 37% feel behind in their careers due to the pandemic, and 45% of working mothers believe they were overlooked for promotions. Continuous education is deemed essential for advancement, with 45% willing to return to college.
Capella University is launching a Doctor of Business Administration (DBA) program in its FlexPath format, enhancing its online degree offerings for working adults. This new program allows students to complete their degrees at their own pace, a feature praised by university officials for accommodating busy professionals. The DBA program emphasizes technology-driven learning and requires a capstone project. Notably, Capella will implement a tuition cap for DBA students, ensuring affordability. The FlexPath format has already seen over 10,000 graduates, highlighting its effectiveness and demand.
Strategic Education (NASDAQ: STRA) reported Q1 2021 financial results, showing a 9.4% revenue increase to $290.3 million compared to Q1 2020. Adjusted revenue rose 9.5% to $290.5 million. However, income from operations declined to $12.0 million from $44.0 million, with adjusted income at $52.9 million. Net income was $9.6 million, down from $35.2 million in the prior year. The company declared a cash dividend of $0.60 per share, payable June 7, 2021. Student enrollment decreased 7.3%
Strategic Education, Inc. (NASDAQ: STRA) will host a conference call on April 29, 2021, at 10:00 a.m. ET to discuss its first quarter results. A news release with these results will be issued before market opening that day. Investors can dial (877) 303-9047 to join the call or access it via webcast on the company’s website. Additionally, the company will hold its 2021 Annual Meeting of Stockholders via webcast on April 27, 2021, at 8:00 a.m. ET, where stockholders of record as of March 1, 2021, are eligible to vote. More details are available in the Investor Relations section of their website.
Strategic Education, Inc. (NASDAQ: STRA) has published its 2020 Annual Report and Letter to Shareholders, now available on their website. The report highlights the company's focus on advancing economic mobility through higher education, serving adult students globally through various institutions like Strayer University and Capella University. Additionally, it covers the company's diverse offerings, including alternative learning and digital enablement partnerships in the U.S. and Australia/New Zealand.
Strategic Education reported its financial results for Q4 and full-year 2020. Revenue increased 1.4% to $267.5 million in Q4 and 3.1% to $1,027.7 million for the year. Adjusted revenue rose 5.7% to $278.8 million for Q4 and 4.2% to $1,038.9 million for the year. However, income from operations dropped significantly to $3.6 million in Q4 from $37.2 million in 2019, primarily due to various adjustments and expenses. The company declared a quarterly cash dividend of $0.60 per share, set to be paid on March 15, 2021.
Capella University has released a report titled "Unlocking the [Full] Potential of PLA," which recommends how institutions can effectively utilize prior learning assessment (PLA) to enhance student outcomes. The findings reveal that students earning PLA credits spend less on degrees, persist longer in programs, and accumulate credits faster. Despite these advantages, PLA remains underutilized. Capella emphasizes the importance of redesigning PLA in response to economic challenges, aiming to lower costs and completion times for adult learners.
Strategic Education, Inc. (NASDAQ: STRA) will host a webcast discussing its fourth quarter results on February 26, 2021, at 10:00 a.m. ET. A news release detailing these results will be issued before market open that day. Investors can join via the company's website or by dialing in at (877) 303-9047. Additionally, the company announced its 2021 Annual Meeting of Stockholders will occur via webcast on April 27, 2021, with record date set for March 1, 2021. Proxy materials will be filed with the SEC for eligible stockholders.