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Jun 30, 2023
Strategic Education Q2 2023 Earnings Report
Strategic Education's Q2 2023 performance reflected improved enrollment trends in U.S. Higher Education, strong growth in Education Technology Services, and optimism in Australia/New Zealand segment due to normalizing conditions.
Key Takeaways
Strategic Education reported a 5.2% increase in revenue to $287.7 million for Q2 2023, with diluted earnings per share of $0.59. The U.S. Higher Education segment saw enrollment increase by 4.7%, and the Education Technology Services segment experienced strong growth. The company remains focused on promoting economic mobility for working adults.
Revenue increased by 5.2% to $287.7 million compared to the same period in 2022.
U.S. Higher Education segment enrollment increased by 4.7%.
Education Technology Services segment posted strong growth.
Diluted earnings per share was $0.59, compared to $0.63 for the same period in 2022.
Revenue by Segment
Revenue by Geographic Location
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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