K12, Inc. (LRN) Misses Q4 EPS by 22c, Miss on Revenues

K12, Inc. (NYSE: LRN) reported Q4 EPS of ($0.17), $0.22 worse than the analyst estimate of $0.05. Revenue for the quarter came in at $215.76 million versus the consensus estimate of $218.15 million.

Financial Highlights for the Three Months Ended June 30, 2017 (Fourth Quarter Fiscal 2017)

• Revenues of $215.8 million, compared to $221.3 million in the fourth quarter of FY 2016.
• Operating income of $4.7 million, compared to $0.5 million in the fourth quarter of FY 2016.
• Net loss attributable to common stockholders of $6.5 million, compared to a net loss of $1.0 million in the fourth quarter of FY 2016.
  • The net loss in the fourth quarter is due to a $10.0 million non-operating charge relating to Web International.
• Diluted net loss attributable to common stockholders per share of $0.17, compared to a diluted net loss of $0.03 in the fourth quarter of FY 2016.

For earnings history and earnings-related data on K12, Inc. (LRN) click here.

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