Stride Inc. (LRN) Tops Q2 EPS by 14c
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Stride Achieves Record Enrollment Growth over First Quarter
January 24, 2023 4:30 PM ESTEnds Quarter with over 180 Thousand Enrollments
RESTON, Va.--(BUSINESS WIRE)-- Stride, Inc. (NYSE: LRN), one of the nations leading technology-based education companies, today announced its results for the second fiscal quarter ended December 31, 2022.
Second Quarter Fiscal 2023 Highlights Compared to 2022
Revenue of $458.4 million, compared with $409.5 million, driven by enrollment strength, increases in revenue per enrollment, and Adult Learning growth. Income from operations of $68.1 million, compared with $56.9 million. Net income of $50.7 million, compared with $42.0 million. Diluted net income per share of $1.19, compared with... More