Stride Inc. (LRN) Misses Q1 EPS by 1c, Revenue Beats, Guidance Tops Views

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Go back to Stride Inc. (LRN) Misses Q1 EPS by 1c, Revenue Beats, Guidance Tops Views

Stride Guides to Revenue and Profitability Growth for Fiscal 2022 Driven by Career Learning Demand

October 19, 2021 4:30 PM EDT

HERNDON, 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