Stride Inc. (LRN) Tops Q3 EPS by 13c
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Stride Inc. Posts Revenue Of $392.1 Million – Career Learning Revenue Grows 191% Year-over-Year
April 20, 2021 4:30 PM EDTHERNDON, Va.--(BUSINESS WIRE)-- Stride, Inc. (NYSE: LRN), one of the nations leading tech-enabled education companies, today announced its results for the third fiscal quarter ended March 31, 2021.
Financial Highlights for the Third Quarter Fiscal 2021 compared with the Third Quarter Fiscal 2020
Revenues of $392.1 million, compared with $257.2 million. The increase is largely due to higher enrollments. Income from operations of $38.6 million, compared with $14.5 million. Net income of $23.8 million, compared with $8.8 million. Diluted net income per share of $0.57, compared with $0.22. Cash and cash equivalents as of March 31,... More