K12, Inc. (LRN) Tops Q3 EPS by 2c

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Go back to K12, Inc. (LRN) Tops Q3 EPS by 2c

K12 Inc. Reports Third Quarter Fiscal 2014 With Revenue of $235.2 Million

April 29, 2014 6:30 AM EDT

HERNDON, Va., April 29, 2014 (GLOBE NEWSWIRE) -- K12 Inc. (NYSE: LRN), a technology-based education company and leading provider of proprietary curriculum and online school programs for students in pre-K through high school, today announced its results for the third fiscal quarter ended March 31, 2014.

Financial Highlights for the Three Months Ended March 31, 2014 (Third Quarter Fiscal Year 2014)

Revenues for the third quarter of FY 2014 increased 7.9% from the prior year to $235.2 million. EBITDA, a non-GAAP measure (see reconciliation below), for the third quarter of FY 2014 was $45.4 million, an increase of 27.5% compared to $35.6... More