K12, Inc. (LRN) Tops Q2 EPS by 1c, Revenues Beat; Offers Q3 Revenue Views Below Consensus, Updated FY20 Revenue Outlook Above Consensus

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Go back to K12, Inc. (LRN) Tops Q2 EPS by 1c, Revenues Beat; Offers Q3 Revenue Views Below Consensus, Updated FY20 Revenue Outlook Above Consensus

K12 Inc. Reports Second Quarter Fiscal 2020 with Revenues of $257.6 Million

January 27, 2020 4:30 PM EST

HERNDON, Va.--(BUSINESS WIRE)-- K12 Inc. (NYSE: LRN), one of the nations leading tech-enabled education companies, today announced its results for the second fiscal quarter ended December 31, 2019.

Financial Highlights for the Three Months Ended December 31, 2019 (Second Quarter Fiscal Year 2020)

Revenues of $257.6 million, compared to revenues of $254.9 million in the second quarter of FY 2019. Income from operations of $30.3 million, compared to $33.3 million in the second quarter of FY 2019. Net income attributable to common stockholders of $20.6 million, compared to $23.7 million in the second quarter of FY... More