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Jun 30, 2024
Strategic Education Q2 2024 Earnings Report
Announced strong second quarter results driven by growth in U.S. Higher Education and Education Technology Services segments.
Key Takeaways
Strategic Education, Inc. reported an 8.5% increase in revenue to $312.3 million, driven by strong performance in the U.S. Higher Education and Education Technology Services segments. Net income increased to $29.9 million, with diluted earnings per share rising to $1.24.
Revenue increased by 8.5% to $312.3 million compared to the same period in 2023.
Income from operations was $41.9 million, representing 13.4% of revenue, compared to $16.8 million in the previous year.
Net income increased to $29.9 million compared to $14.2 million for the same period in 2023.
Diluted earnings per share increased to $1.24, up from $0.59 in the same period last year.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
Strategic Education did not provide specific forward guidance in the provided text.
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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