earnings
confidence low
sentiment negative
materiality 0.50
Strategic Education Q2 2022 revenue down 8.6% to $273.6M; CEO cites stronger U.S. demand
Strategic Education, Inc.
2022-Q2 EPS reported
$0.92
revenue$532,419,000
- Revenue decreased 8.6% to $273.6M from $299.2M in Q2 2021.
- Adjusted revenue (non-GAAP) fell 9.0% to $273.6M vs $300.6M a year ago.
- CEO notes demand strengthening in U.S. Higher Ed and Education Tech Services segments.
- Australia/New Zealand segment expected to return to growth once immigration challenges ease.
- Full income statement details (EPS, net income, segment breakdown) not provided in the excerpt.