Strayer Education (STRA) Misses Q3 EPS by 1c
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Strayer Education, Inc. Reports Third Quarter Revenues and Earnings; and Fall Term 2015 Enrollments
October 28, 2015 6:30 AM EDTHERNDON, Va.--(BUSINESS WIRE)-- Strayer Education, Inc. (Nasdaq: STRA) today announced financial results for the period ended September 30, 2015. Financial highlights are as follows:
Three Months Ended September 30
Revenues for the three months ended September 30, 2015 decreased 2% to $99.1 million, compared to $100.8 million for the same period in 2014, principally due to lower revenue per student, partially offset by higher enrollment. Income from operations was $7.3 million for the three months ended September 30, 2015, compared to $9.2 million for the same period in 2014, a decrease of 21%. Income from operations... More