The education stock gained on solid third-quarter earnings results.Shares of Stride (LRN 8.08%), a K-12 and adult education company, were climbing today after it posted better-than-expected results in its third-quarter earnings report.As of 11:40 a.m. ET, the stock was up 8.2%. Stride takes a step forwardStride, which provides K-12 education through its K12 brand and serves adult learners with training in healthcare and technology skills, said revenue in the third quarter rose 10.7% to $520.8 million, which ...

Stride, Inc. (NYSE:LRN) Q1 2024 Earnings Conference Call April 23, 2024 5:00 PM ET Company Participants Timothy Casey - VP, IR James Rhyu - CEO Donna Blackman - CFO Conference Call Participants Alex Paris - Barrington Research Greg Parrish - Morgan Stanley Tom Singlehurst - Citi Matthew Filek - William Blair Operator Good day, everyone, and welcome to the Stride Third Quarter Fiscal 2024 Earnings Call. Today's call is being recorded. I would now like to turn the conference over to Timothy Casey, Vice Presid ...

These risks, uncertainties, factors and contingencies include, but are not limited to: reduction of per pupil funding amounts at the schools we serve; inability to achieve a sufficient level of new enrollments to sustain our business model; limitations of the enrollment data we present, which may not fully capture trends in the performance of our business; failure to enter into new school contracts or renew existing contracts, in part or in their entirety; failure of the schools we serve or us to comply wit ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-33883 Stride, Inc. (Exact name of registrant as specified in its charter) (State or other jurisdiction of (I.R.S. Employ ...

EXHIBIT 99.1 Stride Posts Another Record Quarter | | Three Months Ended March 31, | | | | | Change 2024/2023 | | | --- | --- | --- | --- | --- | --- | --- | --- | | | 2024 2023 | | | | | $ | % | | | (In | | | | thousands, except percentages and per share data) | | | | Revenues | | $ 520,837 | $ | 470,284 | $ | 50,553 | 10.7% | | Income from operations | | 88,313 | | 72,199 | | 16,114 | 22.3% | | Adjusted operating income (1) | | 96,410 | | 80,224 | | 16,186 | 20.2% | | Net income | | 69,687 | | 55,462 | | 1 ...

RESTON, Va., April 23, 2024 (GLOBE NEWSWIRE) -- Stride, Inc. (NYSE:LRN), one of the nation's leading technology-based education companies, today announced its results for the third fiscal quarter ended March 31, 2024. Third Quarter Fiscal 2024 Highlights Compared to 2023 Revenue of $520.8 million, compared with $470.3 million, driven by continued strong enrollment trends.Income from operations of $88.3 million, compared with $72.2 million.Net income of $69.7 million, compared with $55.5 million.Diluted net ...

Stride, Inc. (LRN) is slated to release third-quarter fiscal 2024 results on Apr 23, after market close.In the last reported quarter, the company saw impressive results. Its adjusted earnings topped the Zacks Consensus Estimate by 14.9% and increased 29.4% from the year-ago quarter’s levels. The company’s revenues of $504.9 million exceeded the consensus mark of $503.8 million by 0.2% and increased 10.1% from the prior year’s levels.Its earnings surpassed the consensus mark in the trailing four quarters, wi ...

K12 (LRN) ended the recent trading session at $60.03, demonstrating a -1.09% swing from the preceding day's closing price. This change lagged the S&P 500's 0.95% loss on the day. On the other hand, the Dow registered a loss of 1.09%, and the technology-centric Nasdaq decreased by 0.84%.Heading into today, shares of the online education company had lost 1.83% over the past month, lagging the Consumer Discretionary sector's loss of 0.94% and the S&P 500's gain of 1.78% in that time.Analysts and investors alik ...

The stock market is in the midst of a much-needed break as Wall Street takes profits following another mini-run off a key short-term moving average. The Nasdaq slipped below its 21-day again on Friday, which is a level that has provided bullish support throughout 2024.The major U.S. indexes were always going to slide down to longer-term averages such as the 50-day or 21-week. The larger pullback could happen now or down the road. The next significant downturn should be viewed as a buying opportunity.The bul ...

Stride, Inc. (LRN) collaborates with the American Public University System (APUS), a subsidiary institution of American Public Education, Inc. (APEI) , to provide a more affordable path to higher education. LRN aims to ease the financial burden on recent graduates from K12-powered schools amid the nation's staggering $1.7-trillion student debt crisis.Through this partnership, all LRN graduates are eligible for a 10% tuition grant at APUS, reducing undergraduate credit hour costs to just $315. Stride graduat ...