Stride Inc. (LRN) Misses Q1 EPS by 1c, Revenue Beats, Guidance Tops Views
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Stride Guides to Revenue and Profitability Growth for Fiscal 2022 Driven by Career Learning Demand
October 19, 2021 4:30 PM EDTHERNDON, Va.--(BUSINESS WIRE)-- Stride, Inc. (NYSE: LRN), one of the nations leading technology-based education companies, today announced its results for the first fiscal quarter ended September 30, 2021.
First Quarter Fiscal 2022 Highlights Compared to 2021
Revenue of $400.2 million, compared with $371.0 million, driven by improved revenue per enrollment, strong middle and high school Career Learning enrollments, and growth in Adult Learning. Loss from operations of $7.0 million, compared with income from operations of $12.1 million, due to the return to normal seasonality in upfront school year... More