Strayer quarterly results

Discussion in 'Off-Topic Discussions' started by Gert Potgieter, May 3, 2002.

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  1. Strayer earnings report is available: Strayer Education, Inc. Reports Record First Quarter 2002 Enrollment, Revenues, and Operating Income and Raises Full Year EPS Estimate.

    Snippet:
    • Student Enrollment

      The Company reported that Spring 2002 Quarter total enrollment at its subsidiary, Strayer University, increased 19% to 14,335 students compared to 12,044 for the same quarter in 2001. Enrollment at mature campuses (those in operation greater than three years) was up slightly to 9,275 students from 9,273. Enrollments at new campuses (those in operation three years or less) increased 59% to 1,288 students from 810. Strayer ONLINE enrollments increased 92% to 3,772 students from 1,961. Total students taking courses online (including students at brick and mortar campuses taking at least one ONLINE course) in the Spring 2002 Quarter is 4,970. Across the Strayer University campus network, new student enrollments increased 17.4% and continuing student enrollments increased 19.4%.

      Expanded ONLINE Course Offerings

      Strayer University began an asynchronous course pilot program in 2001 which featured five classes in the initial Summer 2001 Quarter rollout, increasing to 18 classes in the Fall 2001 Quarter and 63 in the Winter 2002 Quarter. The University is offering 153 asynchronous classes in the current Spring 2002 Quarter, and all required courses for its degree programs will be available asynchronously by the Fall 2002 Quarter.
     

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