Strategic Education Inc Stock Price, News & Analysis

Capella University released a report highlighting nearly a decade of progress with its unique FlexPath competency-based education model. Since 2013, over 20,000 graduates completed their programs, with FlexPath learners finishing bachelor's degrees 50% faster and master's degrees 36% faster than traditional methods. Additionally, they borrowed 58% less in federal financial aid for bachelor's and 39% less for master's degrees. The report underscores the importance of flexible education tailored for adult learners in a changing workforce.

Strategic Education, Inc. (NASDAQ: STRA) will announce its fourth quarter results post-market on February 22, 2023. A conference call to discuss these results will take place at 5:00 p.m. ET from Sydney, Australia. Investors can access the live webcast via the company's website. Additionally, the company will hold its 2023 Annual Meeting of Stockholders on April 26, 2023, and an Investor and Analyst Day on May 9, 2023 in New York, NY.

Capella University has appointed Dr. Linda Singh and Walt Chesley to its Board of Trustees. Dr. Singh, a distinguished graduate of Capella, brings over 30 years of leadership experience in health, defense, and government. She is the CEO of Kaleidoscope Affect, LLC, and has held various leadership roles in public and private sectors. Chesley, a former Chief Human Resources Officer at Hennepin Healthcare, offers deep insights into human resources and education. Both appointments aim to enhance the university's governance and focus on the interests of learners and the public good.

Strayer University has achieved the National Center for Academic Excellence in Cyber Defense (CAE-CD) designation for its Master of Science in Information Security and Assurance (MSISA) program. This recognition is effective through 2027 and signifies Strayer's commitment to cybersecurity education. The CAE-CD designation highlights the institution's quality standards in cybersecurity and aims to enhance the workforce in this critical field. This achievement underlines the university's efforts to provide industry-relevant programs that promote student success and economic mobility.

Strategic Education (NASDAQ: STRA) reported financial results for Q3 2022, revealing a 2.6% decline in revenue to $263.1 million compared to Q3 2021. Net income increased to $6.1 million from $3.9 million year-over-year. However, adjusted net income fell to $8.0 million, down from $14.1 million. The U.S. Higher Education segment experienced a 3.1% drop in student enrollment, while the Education Technology Services segment saw a 26.9% revenue increase. The company declared a $0.60 dividend per share payable on December 5, 2022.

Strategic Education, Inc. (NASDAQ: STRA) has partnered with Six Flags Entertainment Corporation to offer over 35,000 employees access to education programs, including tuition discounts at Capella and Strayer Universities and no-cost courses via Sophia Learning. This partnership began on October 3, 2022, emphasizing Six Flags' commitment to employee benefits and education. It positions Six Flags as a market leader in employee support within the entertainment industry. Workforce Edge will facilitate this initiative, helping Six Flags enhance workforce skills and maintain competitive advantage.

Strategic Education, Inc. (NASDAQ: STRA) will hold a conference call on November 3, 2022, at 10:00 a.m. ET, to discuss its third quarter results. A news release with the results will be published before the market opens that day. Investors can join the live webcast via the Investor Relations section of the company's website. The archived webcast will be available for later viewing. Strategic Education focuses on advancing economic mobility through higher education, serving working adults globally.