Strategic Education Q1 2022 revenue down 10.8% to $258.9M

Strategic Education, Inc.

2022-Q1 EPS reported $0.29 revenue$258,855,000

Revenue decreased 10.8% to $258.9M from $290.3M in Q1 2021.
Adjusted revenue (non-GAAP) fell 11.5% to $258.9M from $292.6M.
CEO cites stabilization in U.S. Higher Education enrollment and Sophia Learning growth.
Optimistic about Australia/New Zealand demand as borders reopen and international students return.

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