Strategic Education, Inc. · NASDAQ:STRA
Strategic Education — Q1 2024 Earnings Presentation
7 slides from Strategic Education's earnings presentation, Apr 25, 2024
Slide 1: Q1 2024 Results
Q1 2024 Results April 25, 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 Enterprise Partnerships, Sophia Learning, and Workforce Edge Services Australia/New Zealand T
Slide 4: Q1 2024 Highlights - Constant Currency
Q1 2024 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: Q1 2024 Highlights
Q1 2024 Highlights Strategic Education Enrollment and Financial Performance Education Technology Australia/New Enrollment Performance (YoY) Consolidated U.S. Higher Education Services Zealand3 1 Q1 2024 employer affiliated enrollment was Total Enrollment 107,928 +8.8% 87,731 +9.8% NA1 20,197 +4.8% 2
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: Q1 2024 Results
Q1 2024 Results April 25, 2024