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HERNDON, Va. (AP) _ Strategic Education, Inc. (STRA) on Wednesday reported first-quarter profit of $35.2 million.
On a per-share basis, the Herndon, Virginia-based company said it had profit of $1.60. Earnings, adjusted for one-time gains and costs, were $2.11 per share.
The for-profit education company posted revenue of $265.3 million in the period.
Strategic Education shares have decreased 5.5% since the beginning of the year. The stock has increased slightly more than 6% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on STRA at https://www.zacks.com/ap/STRA
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