K12, Iinc. (LRN) Tops Q3 EPS by 8c

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Go back to K12, Iinc. (LRN) Tops Q3 EPS by 8c

K12 Inc. Reports Third Quarter Fiscal 2015 With Revenue of $244.6 Million

April 28, 2015 7:01 AM EDT

HERNDON, Va., April 28, 2015 (GLOBE NEWSWIRE) -- K12 Inc. (NYSE: LRN), a technology-based education company and leading provider of proprietary curriculum and online school programs for students in pre-K through high school, today announced its results for the third fiscal quarter ended March 31, 2015.

Financial Highlights for the Three Months Ended March 31, 2015 (Third Quarter Fiscal Year 2015)

Revenues of $244.6 million, compared to $235.2 million in the third quarter of FY 2014. EBITDA, a non-GAAP measure (see reconciliation below), of $45.2 million, compared to $45.4 million in the third quarter of FY 2014. Operating income of $27.4... More