K12, Inc. (LRN) Misses Q1 EPS by 3c; Guides In-Line

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Go back to K12, Inc. (LRN) Misses Q1 EPS by 3c; Guides In-Line

K12 Inc. Reports First Quarter Fiscal 2017 with Revenue of $229.1 Million

October 26, 2016 7:30 AM EDT

Enrollments for Managed Public Schools increase 3.9% year-over-year

HERNDON, Va.--(BUSINESS WIRE)-- K12 Inc. (NYSE: LRN), a technology-based education company and leading provider of proprietary curriculum, software systems and educational services designed to facilitate individualized learning for students primarily in kindergarten through 12th grade, today announced its results for the first fiscal quarter ended September 30, 2016.

Financial Highlights for the Three Months Ended September 30, 2016 (First Quarter Fiscal Year 2017)

Revenues of $229.1 million, compared to $221.2 million in the first quarter of FY 2016. Operating loss of... More