First Analysis Upgrades K12, Inc. (LRN) to Overweight

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Go back to First Analysis Upgrades K12, Inc. (LRN) to Overweight

K12 Inc. Reports Fiscal 2016 Revenue of $872.7 Million

August 9, 2016 7:31 AM EDT

HERNDON, Va., Aug. 09, 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 fourth fiscal quarter and full fiscal year ended June 30, 2016. 

Financial Highlights for the Three Months Ended June 30, 2016 (Fourth Quarter Fiscal Year 2016)

Revenues of $221.3 million, compared to $235.7 million in the fourth quarter of FY 2015.Operating income of $0.5 million, compared to an operating loss of $16.3 million in the... More