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. (NASDAQ: STRA) is a leading education services company committed to fostering economic mobility through education. The company offers a wide range of innovative programs and services designed to help working adult students advance their careers and improve their lives. Key educational pathways include Strayer University, Capella University, Jack Welch Management Institute, Hackbright Academy, Devmountain, New York Code + Design Academy, Sophia Learning, Degrees@Work, and Generation Code.
Strategic Education, Inc. focuses on enhancing college affordability, student engagement, and workforce readiness, supporting the growing majority of non-traditional students. The objective is to equip these students with the skills necessary to excel in today's job market. The company operates through several wholly-owned subsidiaries including Strayer University and Capella University, both accredited in the U.S., and Torrens University in Australia.
Strategic Education, Inc. offers a variety of educational options, from campus-based to online post-secondary education. In addition, they provide job-ready skills training for high-demand markets. The company's operations are divided into three reportable segments: U.S. Higher Education, Australia/New Zealand, and Education Technology Services.
Recent achievements include the expansion of online learning platforms and partnerships with industry leaders to provide employees with affordable and relevant training, certificates, and degree programs. Strategic Education, Inc. remains dedicated to making quality education accessible and affordable, ensuring graduates are well-prepared for the workforce.
For the latest updates, news, and developments on Strategic Education, Inc., visit their official website and follow their press releases.
Capella University is expanding its FlexPath competency-based learning program to include a Doctor of Education (EdD) in Educational Leadership, enhancing access to affordable education for working adults. The EdD will focus on essential skills such as research design and data analysis and requires a capstone project. With over 10,000 graduates, FlexPath allows self-paced learning, and students will benefit from a flat-rate tuition model. This offering aligns with Capella's mission of providing flexible education options, supporting education professionals in advancing their careers.
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.
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