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Strategic Education Q2 Earnings Call Highlights
['Max Byerly']
Ticker Report
Strategic Education (NASDAQ:STRA) reported second-quarter results marked by growth in its Education Technology Services business, improved profitability in U.S. higher education and continued efforts to return its Australia and New Zealand operations to growth, executives said during the company’s earnings call.
Enrollments from Workforce Edge into Strayer University or Capella University increased 21% to roughly 4,000 students.
Healthcare enrollment increased 11% and represented 52% of U.S. higher education enrollment.
U.S. higher education revenue increased 2%, supported by higher revenue per student as well as lower scholarships and discounts.
About Strategic Education (NASDAQ:STRA)Strategic Education, Inc is a publicly traded higher education services holding company headquartered in Herndon, Virginia.