Strategic Education Inc Stock Price, News & Analysis

Strategic Education (NASDAQ: STRA) reported financial results for Q3 2021, showcasing a 13.0% revenue increase to $270.1 million, yet net income dropped to $3.9 million from $11.0 million in Q3 2020. The U.S. Higher Education segment faced challenges with a 12.9% enrollment decline and 16.7% revenue decrease. Conversely, the Alternative Learning segment thrived with a 48.7% revenue increase. The company declared a quarterly cash dividend of $0.60 per share, payable on December 6, 2021, to shareholders of record by November 29, 2021.

Strategic Education, Inc. (NASDAQ: STRA) will host a conference call on November 4, 2021, at 10:00 a.m. ET to discuss its third quarter results. A news release with results will be issued before the market opens on the same day. Investors can join the live call by dialing (877) 303-9047 or via webcast on their website.

Strategic Education focuses on enhancing economic mobility through higher education, serving working adult students primarily in the U.S. with accredited programs.

Strategic Education has partnered with Raising Cane’s to offer advanced education benefits to its 34,000 Crewmembers through the Workforce Edge platform. This initiative connects employees to affordable tuition savings at Strayer and Capella Universities, promoting their professional and personal growth. Co-CEO AJ Kumaran highlighted the importance of education in career advancement, especially in the current job market. Strategic Education aims to help organizations retain talent by providing educational tools that boost employee skills.

Strayer University has appointed Dr. Andrea Backman as its new president. With a focus on enhancing student success and ensuring a return on educational investment, Dr. Backman aims to innovate programs tailored for working adults. She previously served as the acting president and chief employability officer, where she launched initiatives to improve career readiness and reduce degree completion time. Strayer University, founded in 1892, caters primarily to adult learners, many of whom face significant life responsibilities.

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.