K12, Iinc. (LRN) Misses Q1 EPS by 4c
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K12 Inc. Reports First Quarter Fiscal 2016 With Revenue of $221.2 Million
October 27, 2015 7:15 AM EDTHERNDON, Va., Oct. 27, 2015 (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 first fiscal quarter ended September 30, 2015.
Financial Highlights for the Three Months Ended September 30, 2015 (First Quarter Fiscal Year 2016)
Revenues of $221.2 million, compared to $236.7 million in the first quarter of FY 2015. The year over year decline is largely due to the Agora Cyber School shifting from a Managed to Non-managed program. EBITDA, a non-GAAP... MoreK12 Inc. Reports First Quarter Fiscal 2016 With Revenue of $221.2 Million
October 27, 2015 7:15 AM EDTHERNDON, Va., Oct. 27, 2015 (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 first fiscal quarter ended September 30, 2015.
Financial Highlights for the Three Months Ended September 30, 2015 (First Quarter Fiscal Year 2016)
Revenues of $221.2 million, compared to $236.7 million in the first quarter of FY 2015. The year over year decline is largely due to the Agora Cyber School shifting from a Managed to Non-managed program. EBITDA, a non-GAAP... More