K12, Inc. (LRN) Tops Q3 EPS by 3c, Offers FY Guidance

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Go back to K12, Inc. (LRN) Tops Q3 EPS by 3c, Offers FY Guidance

K12 Inc. Reports Third Quarter Fiscal 2020 with Revenues of $257.2 Million

April 27, 2020 4:30 PM EDT

Results Beat Company Guidance and Analyst Consensus

HERNDON, Va.--(BUSINESS WIRE)-- K12 Inc. (NYSE: LRN), one of the nations leading tech-enabled education companies, today announced its results for the third fiscal quarter ended March 31, 2020.

Financial Highlights for the Three Months Ended March 31, 2020 (Third Quarter Fiscal Year 2020)

Revenues of $257.2 million, compared to revenues of $253.3 million in the third quarter of FY 2019. Income from operations of $14.5 million, compared to $23.3 million in the third quarter of FY 2019. Net income attributable to common... More