Stride Inc. (LRN) PT Raised to $73 at BMO Capital

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Go back to Stride Inc. (LRN) PT Raised to $73 at BMO Capital

Stride Posts Another Record Quarter

April 23, 2024 4:15 PM EDT

RESTON, Va., April 23, 2024 (GLOBE NEWSWIRE) -- Stride, Inc. (NYSE: LRN), one of the nations leading technology-based education companies, today announced its results for the third fiscal quarter ended March 31, 2024.

Third Quarter Fiscal 2024 Highlights Compared to 2023

Revenue of $520.8 million, compared with $470.3 million, driven by continued strong enrollment trends.Income from operations of $88.3 million, compared with $72.2 million.Net income of $69.7 million, compared with $55.5 million.Diluted net income per share of $1.60 compared with $1.30.Adjusted operating income of $96.4 million, compared with $80.2 million. (1)Adjusted EBITDA of $120.5 million, compared with $103.9 million.... More