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  • Nov 7, 2024

      Show headlines and story abstract
    • 2:27PM ET on Thursday Nov 07, 2024 by Dow Jones
      Companies Mentioned: STRA

      Ratings actions from Benzinga: https://www.benzinga.com/quote/STRA/analyst-ratings

      (END) Dow Jones Newswires

      November 07, 2024 14:27 ET (19:27 GMT)
    • 10:03AM ET on Thursday Nov 07, 2024 by MT Newswires
      Companies Mentioned: STRA
      10:03 AM EST, 11/07/2024 (MT Newswires) -- Strategic Education (STRA) shares were slightly lower in recent Thursday trading after the education services company posted Q3 results. The company reported Q3 adjusted earnings of $1.16 per diluted share,...
    • 6:34AM ET on Thursday Nov 07, 2024 by MT Newswires
      Companies Mentioned: STRA
      06:34 AM EST, 11/07/2024 (MT Newswires) -- ...
    • 6:30AM ET on Thursday Nov 07, 2024 by Dow Jones
      Companies Mentioned: STRA
      Restructuring costs (3) 2,922 689 Cloud computing amortization (4) 1,894 1,528 ---- ---------- --------- Adjusted EBITDA (1) $ 49,537 $ 56,236 ==== ========== ========= (1) Denotes non-GAAP financial measures. Please see the information in the Non-GAAP Financial Measures section of this press release for more detail regarding these adjustments and management's reasons for providing this information. (2) Reflects integration charges associated with the Company's merger with Capella Education Company and the Company's acquisition of Torrens University and associated assets in Australia and New Zealand. (3) Reflects severance costs, asset impairment charges, gains on sale of real estate and early termination of leased facilities, and other costs associated with the Company's restructuring activities. Excludes $0.1 million of depreciation and amortization expense for the three months ended September 30, 2023 and $0.3 million and $0.1 million of stock-based compensation expense for the three months ended September 30, 2023 and 2024, respectively. (4) Reflects amortization expense associated with deferred implementation costs incurred in cloud computing arrangements.
    • 6:30AM ET on Thursday Nov 07, 2024 by Dow Jones
      Companies Mentioned: STRA
      Restructuring costs (3) 2,922 689 Cloud computing amortization (4) 1,894 1,528 ---- ---------- --------- Adjusted EBITDA (1) $ 49,537 $ 56,236 ==== ========== ========= (1) Denotes non-GAAP financial measures. Please see the information in the Non-GAAP Financial Measures section of this press release for more detail regarding these adjustments and management's reasons for providing this information. (2) Reflects integration charges associated with the Company's merger with Capella Education Company and the Company's acquisition of Torrens University and associated assets in Australia and New Zealand. (3) Reflects severance costs, asset impairment charges, gains on sale of real estate and early termination of leased facilities, and other costs associated with the Company's restructuring activities. Excludes $0.1 million of depreciation and amortization expense for the three months ended September 30, 2023 and $0.3 million and $0.1 million of stock-based compensation expense for the three months ended September 30, 2023 and 2024, respectively. (4) Reflects amortization expense associated with deferred implementation costs incurred in cloud computing arrangements.

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