Strayer Education (STRA) Tops Q4 EPS by 3c
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Strayer Education, Inc. Reports Fourth Quarter and Full Year Revenues and Earnings; Winter Term 2016 Enrollments
February 4, 2016 6:30 AM ESTHERNDON, Va.--(BUSINESS WIRE)-- Strayer Education, Inc. (Nasdaq: STRA) today announced financial results for the three months and year ended December 31, 2015. Financial highlights are as follows:
Three Months Ended December 31
Revenues for the three months ended December 31, 2015 decreased 2% to $113.7 million, compared to $116.1 million for the same period in 2014, principally due to lower revenue per student, partially offset by higher enrollment. Income from operations was $21.7 million for the three months ended December 31, 2015, compared to $22.6 million for the same period in 2014, a decrease of 4%. Operating... More