Strayer Education: 2Q Earnings Snapshot
HERNDON, Va. (AP) _ Strayer Education Inc. (STRA) on Wednesday reported second-quarter profit of $5.2 million.
The Herndon, Virginia-based company said it had net income of 46 cents per share. Earnings, adjusted for one-time gains and costs, were 87 cents per share.
The for-profit education company posted revenue of $114.7 million in the period.
Strayer Education shares have risen 32 percent since the beginning of the year. The stock has increased 50 percent in the last 12 months.