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0 0.0537313432835822 0.0776119402985075 0.0755223880597015 0.102985074626866 0.11044776119403 0.0958208955223881 0.104477611940299
Stock impact report

Stride Achieves Record Enrollment Growth over First Quarter

Stride, Inc. (LRN) 
Last stride, inc. earnings: 4/27 04:30 pm Check Earnings Report
US:NYSE Investor Relations: investors.k12.com
Company Research Source: Business Wire
Ends Quarter with over 180 Thousand Enrollments RESTON, Va.--(BUSINESS WIRE)--Stride, Inc. (NYSE: LRN), one of the nation’s leading technology-based education companies, today announced its results for the second fiscal quarter ended December 31, 2022.Second Quarter Fiscal 2023 Highlights Compared to 2022Revenue of $458.4 million, compared with $409.5 million, driven by enrollment strength, increases in revenue per enrollment, and Adult Learning growth.Income from operations of $68.1 million, compared with $56.9 million.Net income of $50.7 million, compared with $42.0 million.Diluted net income per share of $1.19, compared with $1.00.Adjusted operating income of $76.3 million, compared with $60.7 million. (1)Adjusted EBITDA of $100.5 million, compared with $82.7 million. (1)Second Quarter Fiscal 2023 Summary Financial MetricsThree Months Ended December 31,Change 2022/202120222021$%(In thousands, except percentages and per share data)Revenues$458,435$409,507$48,92811.9%  Show less Read more
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