K12, Inc. (LRN) Tops Q4 EPS by 11c; Managed Enrollment up 4.8%

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K12 Inc. Reports Full Year Fiscal 2014 With Revenue of $919.6 Million

August 14, 2014 7:00 AM EDT

HERNDON, Va., Aug. 14, 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 fourth fiscal quarter and full fiscal year ended June 30, 2014.

Financial Highlights for the Three Months Ended June 30, 2014 (Fourth Quarter Fiscal Year 2014)

Revenues of $232.0 million, compared to $203.1 million in the fourth quarter of FY 2013. EBITDA, a non-GAAP measure (see reconciliation below), of $36.0 million, compared to $19.0 million in the fourth quarter of FY... More