UPDATE: Stride Inc. (LRN) Tops Q2 EPS by 11c, Revenues Beat
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Stride, Inc. Announces Second Quarter Revenues Increased 46% to $376.1 Million
January 26, 2021 4:30 PM ESTTotal Enrollments of 191.5 Thousand, up nearly 60% Year-over-Year
HERNDON, Va.--(BUSINESS WIRE)-- Stride, Inc. formerly 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, 2020.
Financial Highlights for the Second Quarter Fiscal 2021 compared with the Second Quarter Fiscal 2020
Revenues of $376.1 million, compared with $257.6 million. The increase is due largely to increased enrollments. Income from operations of $38.5 million, compared with $30.3 million. Net income of $24.5 million, compared with $20.6... More