earnings
confidence high
sentiment positive
materiality 0.75
Strategic Education Q3 revenue $285.9M (+8.7%); operating income triples to $25.6M
Strategic Education, Inc.
2023-Q3 EPS reported
$1.28
revenue$830,222,000
- Revenue $285.9M (+8.7% YoY); income from operations $25.6M (9.0% margin) vs $7.8M (3.0%).
- Adjusted operating income $32.6M, margin 11.4% vs 4.6% in prior year.
- US Higher Ed enrollment growth driven by employer-affiliated; Education Tech Services strong; Australia/New Zealand improving.
- CEO reaffirms focus on delivering enrollment, revenue, and earnings growth in 2023.