Strategic Education Q4 revenue down 0.8% to $269.9M; adjusted operating income falls 28%

Strategic Education, Inc.

2022-FY EPS reported $1.94 revenue$1,065,480,000

Revenue $269.9M, down 0.8% YoY from $272.1M.
Income from operations $27.6M (10.2% margin), flat vs prior year.
Adjusted income from operations $27.2M, down from $37.8M; adjusted margin 10.1% vs 13.9%.
CEO cites progress toward growth and focus on diversified portfolio.

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 0.9

Strategic Education, Inc. reported the period ended December 31, 2022 results: revenue $269.9 million.

Period: the period ended December 31, 2022
Revenue: $269.9 million
Result: reported results

Exact text from the filing

Revenue decreased 0.8% to $269.9 million compared to $272.1 million for the same period in 2021.

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Source: SEC EDGAR

accession 0001157523-23-000331

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