Strategic Education, Inc. · NASDAQ:STRA
Strategic Education — Q2 2023 Earnings Presentation
7 slides from Strategic Education's earnings presentation, Jul 27, 2023
Slide 1: Q2 2023 Results
STRATEGIC w) EDUCATION we Q2 2023 Results July 27, 2023
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 Strayer University, including the Jack Welch Management Institute, U.S. Higher Education Devmountain, and Hackbright Academy, and Capella University Education Technology Employer Solutions, Sophia Learning, and Workforce Edge Services Australia/New Zealand Torre
Slide 4: Q2 2023 Highlights - Constant Currency
Q2 2023 Highlights - Constant Currency Strategic Education Financial Performance Adjusted Financial Performance1 Education Technology Australia/New Consolidated2 U.S. Higher Education (YoY) Services Zealand2 1 Non-GAAP financial measures; refer to the Non-GAAP Financial Measures page of this $292.3
Slide 5: Q2 2023 Highlights
Q2 2023 Highlights Strategic Education Enrollment and Financial Performance Education Technology Australia/New Enrollment Performance (YoY) Consolidated U.S. Higher Education Services Zealand3 1 Q2 2023 employer affiliated enrollment was Total Enrollment 98,319 +2.9% 80,353 +4.7% NA1 17,966 -4.6% 27
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: Q2 2023 Results
STRATEGIC w) EDUCATION we Q2 2023 Results July 27, 2023