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Stride Q2 2023 Earnings Report

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$105.21 -0.87 (-0.82%)
(As of 12/20/2024 05:31 PM ET)

Stride EPS Results

Actual EPS
$1.19
Consensus EPS
$1.07
Beat/Miss
Beat by +$0.12
One Year Ago EPS
$1.00

Stride Revenue Results

Actual Revenue
$458.44 million
Expected Revenue
$443.23 million
Beat/Miss
Beat by +$15.21 million
YoY Revenue Growth
+11.90%

Stride Announcement Details

Quarter
Q2 2023
Time
After Market Closes

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Stride Earnings Headlines

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Stride: Industry Winds Are Changing, Uncertainties Abound
Stride price target raised to $109 from $94 at Morgan Stanley
Morgan Stanley Sticks to Its Hold Rating for Stride (LRN)
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About Stride

Stride (NYSE:LRN), a technology-based education service company, engages in the provision of proprietary and third-party online curriculum, software systems, and educational services in the United States and internationally. Its technology-based products and services enable clients to attract, enroll, educate, track progress, support, and facilitate individualized learning for students. The company offers integrated package of systems, services, products, and professional expertise to support a virtual or blended public school; software and services to schools and school districts; individual online courses and supplemental educational products; and products and services for the general education market focused on subjects, including math, English, science, and history for kindergarten through twelfth grade students. It also provides career learning products and services that are focused on developing skills to enter in industries, including information technology, health care, and business; and operates tuition-based private schools. In addition, the company offers focused post-secondary career learning programs, which include skills training for software engineering, healthcare, and medical fields to adult learners under Galvanize, Tech Elevator, and MedCerts brand names, as well as provides staffing and talent development services to employers. It serves public and private schools, school districts, charter boards, consumers, employers, and government agencies. The company was formerly known as K12 Inc. and changed its name to Stride, Inc. in December 2020. Stride, Inc. was incorporated in 1999 and is headquartered in Reston, Virginia.

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