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Stock impact report

Stride Q3 Earnings Call Highlights [Yahoo! Finance]

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: Yahoo! Finance
and remains “comfortable” with its trajectory, noting application volumes and the sales pipeline are strong even though attrition is “marginally higher.” Career Learning growth offset weakness in General Education in Q3: total enrollments rose 1.8% to 244.5k and revenue climbed 2.7% to $629.9M, with Career Learning revenue up ~16% while General Education fell 3.6%; total revenue per enrollment was up ~2.9% and is expected to rise ~2% for the full year. Margins and guidance: gross margin fell 380 bps to 36.8% due mainly to platform investment (expected to moderate into FY2027), adjusted EBITDA rose 1.8% to $171.3M, free cash flow was strong at $202.4M, and management narrowed full-year guidance to revenue $2.49–2.52B, adjusted operating income $490–500M, capex $75–80M, and an effective tax rate of 24–25%. Interested in Stride, Inc.? Here are five stocks we like better. 4 Stocks That Crushed Analyst Estimates by More Than Double Stride (NYSE:LRN) executives said the company is Show less Read more
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