Stride Achieves Record Enrollment Growth over First Quarter
Stride, Inc. (LRN)
Last stride, inc. earnings: 4/27 04:30 pm
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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%
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News
- Stride, Inc. (NYSE: LRN) was downgraded by analysts at StockNews.com from a "buy" rating to a "hold" rating.MarketBeat
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LRN
Earnings
- 1/23/24 - Beat
LRN
Sec Filings
- 3/18/24 - Form 8-K
- 3/14/24 - Form 8-K
- 2/21/24 - Form 4
- LRN's page on the SEC website