Strategic Education, Inc. - STRA STOCK NEWS

Strategic Education, Inc. (NASDAQ: STRA) has announced its upcoming third quarter 2024 results conference call, scheduled for Thursday, November 7, 2024, at 10:00 a.m. ET. The company will release its financial results via a news release before the market opens on the same day. Investors can access the live webcast of the conference call through the Investor Relations section of www.strategiceducation.com, 15 minutes prior to the start time.

For those wishing to participate in the live call, registration is required in advance to receive dial-in information and a PIN. Following the call, an archived version of the webcast will be available on the company's website in the Investor Relations section.

Capella University's Master of Science (MS) in Clinical Psychology, Clinical Counseling specialization has received full accreditation from the American Psychological Association (APA)'s Commission on Accreditation (CoA). This makes it one of the first master's programs to achieve this accreditation. The CoA determined that Capella's program adheres to the Standards of Accreditation for Master's Programs in Health Service Psychology and provides clinical psychology training aligned with health service psychology and APA's profession-wide competencies.

The program includes online courses and in-person residencies, designed to strengthen students' skills through competency-based, scientific study of mental and behavioral health. Capella University President Constance St. Germain emphasized the institution's commitment to developing courses around nationally recognized standards. The APA accreditation adds to Capella's existing accreditation by the Higher Learning Commission, reflecting its dedication to providing high-quality education and training for students.

The Jack Welch Management Institute (JWMI) at Strayer University has achieved its highest ranking to date, moving up to #6 in The Princeton Review's list of top 50 online MBA programs for 2024. This marks the fourth consecutive year of improvement in rankings. The evaluation is based on institutional and student survey data, considering factors such as career outcomes, technological infrastructure, academic rigor, and affordability.

JWMI's online MBA program, accredited and completable in as little as 18 months, was founded by the late Jack Welch and aims to equip students with practical, cutting-edge skills for career success. The program has also been recognized by other prestigious publications such as Poets & Quants, CEO Magazine, and Top MBA.

Strategic Education, Inc. (STRA) released its annual survey of working Americans, revealing that 50% of employees are concerned about acquiring skills needed for career advancement, despite 74% receiving upskilling opportunities from employers. The survey of 2,005 full-time U.S. workers found that:

- 85% of employees utilize available upskilling opportunities
- 53% receive in-house training as the most common upskilling option
- Less than 33% receive tuition benefits
- 91% believe employers should invest in continued education
- 93% say learning new skills keeps them motivated at work

The findings suggest that current upskilling efforts may be insufficient to close the skills gap. CEO Karl McDonnell recommends employers offer more strategic education benefits programs to yield higher returns on upskilling investments.

Strategic Education, Inc. (NASDAQ: STRA) reported strong Q2 2024 results with an 8.5% revenue increase to $312.3 million. Key highlights include:

- U.S. Higher Education segment saw 8.4% enrollment growth to 87,077 students
- Education Technology Services segment revenue increased 25.6% to $24.5 million
- Australia/New Zealand segment enrollment grew 6.4% to 19,113 students

The company's net income rose to $29.9 million, with diluted earnings per share of $1.24. Strategic Education declared a quarterly cash dividend of $0.60 per share, payable on September 16, 2024.

Strategic Education (NASDAQ: STRA) will host a conference call on July 31, 2024, at 10:00 a.m. ET to discuss its second quarter results. A news release with the results will be issued before the market opens on the same day.

Investors can access the live webcast through the Investor Relations section at www.strategiceducation.com, 15 minutes before the call starts. The webcast will also be archived on the website for future access.

To participate, investors need to register in advance to receive dial-in details and a PIN.

Capella University released a new outcomes brief highlighting the growth of Credit for Prior Learning (CPL) programs among adult learners and learners of color between 2019-2022. The percentage of learners receiving CPL increased, especially among learners of color. The program allows students to earn college credit for previous knowledge and skills gained outside formal education. The data shows positive impact on student outcomes, particularly for underrepresented backgrounds.

Strayer University has named Dr. Antoinette ‘Toni’ Farmer-Thompson as its new president, making her the first Black woman to hold the position. Dr. Farmer-Thompson brings years of experience in higher education and a focus on economic and gender equity to her new role. She aims to continue developing innovative solutions to empower students at Strayer University.

Strategic Education, Inc. (NASDAQ: STRA) reported strong financial results for the first quarter of 2024. Revenue increased by 13.1% to $290.3 million, with net income reaching $29.7 million. The U.S. Higher Education segment saw a 9.8% increase in student enrollment, while the Education Technology Services segment experienced a 29.8% revenue growth. The Australia/New Zealand segment also showed positive results with a 4.8% increase in student enrollment. Adjusted earnings per share rose to $1.11 from $0.24 in the same period last year.