Strategic Education, Inc. · NASDAQ:STRA
Strategic Education — Q3 2024 Earnings Presentation
7 slides from Strategic Education's earnings presentation, Nov 7, 2024
Slide 1: Q3 2024 Results
Q3 2024 Results November 7, 2024
Slide 2: Forward-Looking Statements
Forward-Looking Statements Statements Under the Private Securities Litigation Reform Act of 1995 Statements in this presentation are “forward-looking statements” under the federal securities laws. Such statements may be identified by the use of words such as “expect,” “estimate,” “assume,” “believe,
Slide 3: Segment Reporting
Segment Reporting Segment Description Capella University and Strayer University, including the Jack Welch U.S. Higher Education Management Institute, Devmountain, and Hackbright Academy Education Technology Services Enterprise Partnerships, Sophia Learning, and Workforce Edge Australia/New Zealand T
Slide 4: Q3 2024 Highlights – Constant Currency
Q3 2024 Highlights – Constant Currency Strategic Education Adjusted Financial U.S. Higher Education Technology Australia/New Consolidated2 Performance1 (YoY) Education Services Zealand2 $304.4 million $207.7 million $26.3 million $70.4 million Adjusted Revenue +6.5% +2.9% +26.2% +11.3% $267.7 millio
Slide 5: Q3 2024 Highlights
Q3 2024 Highlights Strategic Education Enrollment Performance U.S. Higher Education Technology Australia/New Consolidated (YoY) Education Services Zealand3 Total Enrollment 105,738 +4.9% 86,533 +4.8% NA1 19,205 +5.1% Adjusted Financial Performance2 (YoY) $306.0 million $207.7 million $26.3 million $
Slide 6: Non-GAAP Financial Measures
Non-GAAP Financial Measures These materials report certain financial measures that are not required by, or presented in accordance with, accounting principles generally accepted in the United States of America ("GAAP"). We discuss management's reasons for reporting these non-GAAP measures below, and
Slide 7: Q3 2024 Results
Q3 2024 Results November 7, 2024