AI brief of an SEC Form 8-K · Strategic Education (STRA)

Strategic Education Q4 revenue rises 12.1% to $302.7 million; diluted EPS $1.63

Positive Impact 3 of 5 earnings Written later

Strategic Education reported fourth-quarter 2023 revenue of $302.7 million, up 12.1% from a year earlier, and diluted earnings per share of $1.63 versus $0.77. Net income for the quarter was $39.1 million, compared with $18.3 million in the fourth quarter of 2022. The company also declared a regular quarterly dividend of $0.60 per share.

Key points

  • Q4 2023 revenue rose 12.1% to $302.7 million; net income was $39.1 million versus $18.3 million
  • Diluted EPS was $1.63 versus $0.77; adjusted diluted EPS was $1.68 versus $0.78 (non-GAAP)
  • Full-year 2023 revenue rose 6.3% to $1.13 billion; full-year diluted EPS was $2.91 versus $1.94
  • Quarterly dividend of $0.60 per share is payable March 18, 2024 to holders of record as of March 11, 2024

The filing

CompanyStrategic Education (STRA)
Form8-K, current report
Filed with the SECFeb 29, 2024, 6:36 AM ET
Accession number0001104659-24-029026

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 6:59 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 29, 2024.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.