Strategic Education reports Q3 adjusted EPS $1.16, consensus 80c

Reports Q3 revenue $306M, consensus $301.48M. “Our third quarter results reflect continued growth across our business, including strong employer affiliated enrollment in the U.S. Higher Education segment; strong growth from Sophia subscriptions in the Education Technology Services segment; and another quarter of total enrollment growth in the Australia/New Zealand segment,” said Karl McDonnell, Chief Executive Officer of Strategic Education (STRA). “We are pleased with the organization’s performance as we continue to focus on promoting economic mobility for working adults.”