Strategic Education: 4Q Earnings Snapshot

HERNDON, Va. (AP) _ Strategic Education, Inc. (STRA) on Friday reported fourth-quarter earnings of $28.5 million.

On a per-share basis, the Herndon, Virginia-based company said it had profit of $1.29. Earnings, adjusted for one-time gains and costs, came to $2.13 per share.

The for-profit education company posted revenue of $263.8 million in the period.

For the year, the company reported net income of $81.1 million, or $3.67 per share, swinging to a profit in the period. Revenue was reported as $997.1 million.


Strategic Education shares have fallen 8% since the beginning of the year. The stock has climbed 15% in the last 12 months.


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