Strategic Education Q4 2023 revenue $302.7M (+12.1%), operating income $54.2M

Strategic Education, Inc.

2023-FY EPS reported $2.91 revenue$1,132,924,000

Revenue $302.7M, up 12.1% YoY from $269.9M; constant currency basis +12.5% to $303.6M.
Income from operations $54.2M (17.9% margin) vs $27.6M (10.2% margin) in Q4 2022.
Adjusted income from operations $56.6M (18.7% margin) vs $27.2M (10.1%) prior year.
CEO cites strong enrollment and earnings growth; expects continued U.S. Higher Ed strength and Australia/New Zealand enrollment recovery.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Strategic Education, Inc. reported the period ended December 31, 2023 results: revenue $302.7 million.

Period: the period ended December 31, 2023
Revenue: $302.7 million
Result: reported results

Exact text from the filing

a return to total enrollment growth in the Australia/New Zealand segment.” STRATEGIC EDUCATION CONSOLIDATED RESULTS Three Months Ended December 31 · Revenue increased 12.1% to $302.7 million compared to $269.9 million for the same period in 2022. Revenue on a constant currency basis increased 12.5% to $303.6 million in the fourth quarter of 2023 compared to $269.9

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Source: SEC EDGAR

accession 0001104659-24-029026

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