Strayer Education, Inc. Closes Merger with Capella Education Company

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Capella Education (CPLA) Tops Q2 EPS by 6c

August 1, 2018 6:36 AM EDT

Capella Education (NASDAQ: CPLA) reported Q2 EPS of $1.10, $0.06 better than the analyst estimate of $1.04. Revenue for the quarter came in at $111.6 million versus the consensus estimate of $109.69 million.

For earnings history and earnings-related data on Capella Education (CPLA) click here.

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Strayer Education (STRA) Tops Q2 EPS by 3c

August 1, 2018 6:33 AM EDT

Strayer Education (NASDAQ: STRA) reported Q2 EPS of $0.87, $0.03 better than the analyst estimate of $0.84. Revenue for the quarter came in at $112.72 million versus the consensus estimate of $115.66 million.

Robert Silberman, Executive Chairman of SEI said, We are delighted to announce the completion of a merger that brings together two best-in-class academic institutions. Capellas expertise in online advanced degree programs, combined with Strayers 125-year heritage, uniquely positions us to provide first-rate educational experiences to working adults.

Karl McDonnell, Chief Executive Officer of SEI said, Over the last few months, my appreciation has deepened... More