12:50 PM EST, 02/27/2025 (MT Newswires) -- (Updates with stock move in the headline and the first paragraph.)

Strategic Education ( STRA ) shares were down more than 16% in recent Thursday trading following its Q4 results.

Earlier, the company reported Q4 non-GAAP net income of $1.27 per share, down from $1.68 per share a year earlier.

Analysts polled by FactSet expected $1.24 per share.

Revenue for the quarter ended Dec. 31 was $311.5 million, up from $302.7 million million a year earlier.

Analysts surveyed by FactSet expected $315.2 million.

Price: 82.11, Change: -15.83, Percent Change: -16.16