Sector: N/A | Industry: N/A |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 2303 Dulles Station Blvd HERNDON VA 20171-6353 |
Tel: | 1-612-9776331 |
Website: | https://www.strategiceducation.com |
IR: | See website |
Key People | ||
Robert S. Silberman Executive Chairman of the Board | Raymond Karl Mcdonnell Chief Executive Officer, Director | Daniel Wayne Jackson Chief Financial Officer, Executive Vice President |
Christa E. Hokenson Chief Human Resource Officer, Senior Vice President | Lizette B. Herraiz Senior Vice President, General Counsel |
Business Overview |
Strategic Education, Inc. is an education services company. It provides access to education through campus-based and online post-secondary education offerings, as well as through programs to develop job-ready skills. It operates through its subsidiaries Capella University and Strayer University, both accredited post-secondary institutions of higher education located in the United States, and Torrens University, an accredited post-secondary institution of higher education located in Australia. Its segments include U.S. Higher Education (USHE), Australia/New Zealand, and Education Technology Services. The USHE segment provides certificate and degree programs to working adults, primarily through Capella University and Strayer University. The Education Technology Services segment develops and maintains relationships with employers to build employee education benefits programs. The Australia/New Zealand segment includes Torrens University, Think Education, and Media Design School. |
Financial Overview |
For the three months ended 31 March 2024, Strategic Education Inc revenues increased 13% to $290.3M. Net income totaled $29.7M vs. loss of $2M. Revenues reflect U.S. Higher Education segment increase of 11% to $219.2M, Education Technology Services Segment increase of 30% to $23.6M, Australia/New Zealand-Tuition, segment increase of 13% to $45.6M. Net Income reflects U.S. Higher Education segment income increase from $9.6M to $28M. |
Employees: | 3,774 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $2,599M as of Mar 31, 2024 |
Annual revenue (TTM): | $1,167M as of Mar 31, 2024 |
EBITDA (TTM): | $203.13M as of Mar 31, 2024 |
Net annual income (TTM): | $101.52M as of Mar 31, 2024 |
Free cash flow (TTM): | $62.89M as of Mar 31, 2024 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 24,607,939 as of Mar 31, 2024 |
Index Membership: | S&P 600 Small Cap |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |