{"schema_version":"secwatch.filing_event.v1","accession":"0001157523-22-001497","form_type":"8-K","ticker":"STRA","cik":"0001013934","company_name":"Strategic Education, Inc.","filed_at":"2022-11-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:49.232346+00:00","generated_at":"2026-06-22T07:37:16.509186+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Strategic Education Q3 revenue down 2.6% to $263.1M; adj. operating income falls 41%","bullets":["Revenue $263.1M (-2.6% YoY); income from operations $7.8M (3.0% margin) vs $7.3M (2.7%).","Adjusted income from operations $12.2M, down from $20.7M; adjusted margin 4.6% vs 7.7%.","CEO cites strengthening demand in U.S. Higher Education and strong ETS results.","Australia/New Zealand segment still impacted by delayed student immigration recovery."],"urls":{"canonical":"https://secwatch.observer/filing/0001157523-22-001497","json":"https://secwatch.observer/filing/0001157523-22-001497.json","markdown":"https://secwatch.observer/filing/0001157523-22-001497.md","text":"https://secwatch.observer/filing/0001157523-22-001497.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1013934/000115752322001497/0001157523-22-001497-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1013934/000115752322001497/a52959542.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T07:37:16.509186+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"072c103028610fec014ddd5fbe05367fab107f58","claim":"Strategic Education, Inc. reported the period ended September 30, 2022 results: revenue $263.1 million.","evidence_excerpt":"in the long-term growth potential of the Australia/New Zealand segment.” STRATEGIC EDUCATION CONSOLIDATED RESULTS Three Months Ended September 30 Revenue decreased 2.6% to $263.1 million compared to $270.1 million for the same period in 2021. Income from operations was $7.8 million or 3.0% of revenue, compared to $7.3 million or 2.7% of revenue for the same","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1013934/000115752322001497/0001157523-22-001497-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the period ended September 30, 2022"},{"label":"Revenue","value":"$263.1 million"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}