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Mar 31, 2021
Strategic Education Q1 2021 Earnings Report
Announced first quarter 2021 results, showing revenue increase and ongoing commitment to student success.
Key Takeaways
Strategic Education reported a 9.4% increase in revenue to $290.3 million for the first quarter of 2021, driven by strength in the Australia/New Zealand and Alternative Learning segments. However, income from operations decreased to $12.0 million, and net income was $9.6 million, compared to the same period in 2020. Diluted earnings per share was $0.40, while adjusted diluted earnings per share was $1.53.
Revenue increased by 9.4% to $290.3 million.
Income from operations was $12.0 million, or 4.1% of revenue.
Net income totaled $9.6 million.
Diluted earnings per share was $0.40.
Revenue by Segment
Revenue by Geographic Location
Historical Earnings Impact
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Avg. Return Before/After Earnings
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