K12, Inc. (LRN) Tops Q3 EPS by 6c

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Go back to K12, Inc. (LRN) Tops Q3 EPS by 6c

K12 Inc. Reports Third Quarter Fiscal 2016 with Revenue of $221.3 Million

April 27, 2016 7:00 AM EDT

HERNDON, Va., April 27, 2016 (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, 2016.

Financial Highlights for the Three Months Ended March 31, 2016 (Third Quarter Fiscal Year 2016)

Revenues of $221.3 million, compared to $244.6 million in the third quarter of FY 2015.EBITDA, a non-GAAP measure (see reconciliation below), of $36.7 million, compared to $45.2 million in the third quarter of FY... More