Strayer Education (STRA) Tops Q2 EPS by 12c; Enters Partnership with TeleTech Holdings

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TeleTech Partners with Strayer@Work to Offer Kentucky Customer Experience Center Employees Low-Cost and Debt-Free College Degrees

July 29, 2015 6:30 AM EDT

DENVER, July 29, 2015 /PRNewswire/ -- TeleTech Holdings, Inc. (NASDAQ: TTEC), a leading provider of customer experience, engagement and growth solutions, today announced a partnership with Strayer Education, Inc., an education services company and owner of Strayer University, to pilot the Degrees@Work program with TeleTech's three Kentucky customer experience center locations. The new Degrees@Work program launched in May and gives employees of participating businesses access to debt-free and low-cost accredited associate's, bachelor's, or master's college degrees... More

Strayer Education, Inc. Reports Second Quarter Revenues and Earnings; and Summer Term 2015 Enrollments

July 29, 2015 6:30 AM EDT

HERNDON, Va.--(BUSINESS WIRE)-- Strayer Education, Inc. (Nasdaq: STRA) today announced financial results for the period ended June 30, 2015. Financial highlights are as follows:

Three Months Ended June 30

Revenues for the three months ended June 30, 2015 decreased 3% to $109.8 million compared to $112.7 million for the same period in 2014, principally due to lower enrollment and lower revenue per student. Income from operations was $20.9 million for the three months ended June 30, 2015 compared to $24.0 million for the same period in 2014, a decrease of 13%. Income from operations in the second... More