Strategic Education Inc Stock Price, News & Analysis

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.

Capella University has announced the 2021 Capella Fellows Program, offering full-tuition scholarships for a master’s degree to selected community leaders in the Minneapolis-St. Paul area. The program aims to equip participants from various nonprofits with leadership skills to tackle social and economic inequalities. Starting in January, fellows will receive coaching and networking opportunities. The initiative is supported by local organizations and aims to strengthen community leadership, benefiting the Minneapolis region's future workforce.

Strategic Education, Inc. (NASDAQ: STRA) has announced the launch of the Sur La Table Online Culinary Institute, in partnership with Marquee Brands and Rouxbe. This innovative program offers affordable, high-quality online culinary courses aimed at both cooking enthusiasts and aspiring career chefs. Initially, the program will feature six detailed courses with a total of 55 hours of instruction each, designed to provide flexible, self-paced learning. Recognized by the American Culinary Federation, this initiative aims to enhance culinary education access as the industry shifts towards online training.