Every material Form 8-K Strategic Education filed with the SEC in 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Strategic Education reported third quarter 2024 results for the period ended September 30, 2024, with revenue up 7.0% to $306.0 million and diluted earnings per share of $1.15, compared with $0.77 a year earlier. Net income rose to $27.7 million from $18.5 million, and the company declared a regular quarterly dividend of $0.60 per share.
Revenue rose 7.0% to $306.0 million from $285.9 million in the third quarter of 2023.
Diluted EPS was $1.15 versus $0.77; adjusted diluted EPS was $1.16 versus $0.97.
Income from operations was $36.3 million, an 11.9% margin, versus $25.6 million a year earlier.
Quarterly dividend of $0.60 per share is payable December 9, 2024 to holders of record as of December 2, 2024.
Strategic Education reported results for the quarter ended June 30, 2024, with revenue up 8.5% to $312.3 million and diluted earnings per share of $1.24, compared with $0.59 a year earlier. Income from operations rose to $41.9 million from $16.8 million, and the company declared a regular quarterly dividend of $0.60 per share payable September 16, 2024.
Q2 2024 revenue rose 8.5% to $312.3 million from $287.7 million in Q2 2023.
Diluted EPS was $1.24 versus $0.59; adjusted diluted EPS, a non-GAAP measure, was $1.33 versus $0.82.
Income from operations was $41.9 million, or 13.4% of revenue, versus $16.8 million, or 5.8%, a year earlier.
Quarterly cash dividend of $0.60 per share declared, payable September 16, 2024 to holders of record as of September 6, 2024.
Strategic Education reported first quarter 2024 results for the period ended March 31, 2024. Revenue rose 13.1% to $290.3 million, and diluted earnings per share were $1.23, compared with a loss of $0.09 a year earlier; adjusted diluted EPS was $1.11 versus $0.24. The company also declared a regular quarterly dividend of $0.60 per share.
Revenue rose 13.1% to $290.3 million from $256.6 million; income from operations was $41.4 million versus a loss of $1.3 million a year earlier.
Diluted EPS was $1.23 versus a loss of $0.09; adjusted diluted EPS was $1.11 versus $0.24.
Cash provided by operations was $77.6 million versus $35.2 million; cash and marketable securities were $253.6 million at March 31, 2024.
Quarterly dividend of $0.60 per share, payable June 3, 2024 to holders of record as of May 24, 2024.
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.
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
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Strategic Education filing is on SEC EDGAR ↗. 8-K briefs of other companies →