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Stride Inc. (LRN), a leader in tech-enabled K-12 and career education, provides innovative learning solutions through virtual schools and alternative programs. This page aggregates official company announcements, financial updates, and strategic developments for investors and stakeholders.
Access real-time press releases, earnings reports, and analyses covering Stride’s operational milestones, partnerships, and educational initiatives. Track updates on managed public school programs, curriculum innovations, and regulatory developments shaping the EdTech sector.
Key updates include quarterly earnings, acquisitions, leadership changes, and advancements in digital learning platforms. This resource ensures stakeholders stay informed about Stride’s market position, financial health, and contributions to modern education.
Bookmark this page for streamlined access to verified information directly from Stride Inc. and trusted financial sources. Regularly updated to reflect the latest corporate news impacting investment decisions and industry trends.
Stride (NYSE: LRN) reported strong financial results for Q2 FY2025. Revenue increased 16.3% to $587.2 million, while net income grew 44.2% to $96.4 million. Diluted earnings per share reached $2.03, up from $1.54 year-over-year.
The company's enrollment averaged 230.6K students, a 19.4% increase, with Career Learning enrollments up 30.9% to 94.8K. Revenue per enrollment remained stable at $2,395. Cash and equivalents stood at $738.1 million as of December 31, 2024.
Based on strong performance, Stride raised its FY2025 guidance, projecting revenue between $2.320-2.355 billion and adjusted operating income of $430-450 million. For Q3 FY2025, the company expects revenue of $585-600 million.
Stride Inc (NYSE: LRN) has secured four prestigious Digital Education Awards, highlighting its excellence in educational technology innovation. The company's achievements include: Gold Winner for K12's Teaching & Learning Team, Digital Game-Based Learning Product of the Year for Stride Meets Minecraft, Digital Education Institution of the Year for Stride's K12-powered schools, and Digital Education Team of the Year for K12's Teaching & Learning Team.
Chief Learning Officer Niyoka McCoy emphasized the company's dedication to empowering over 3 million students through inspired teaching and personalized learning. With a 25-year track record, Stride has revolutionized education by providing comprehensive online learning solutions, featuring state-certified teachers, hands-on activities, and an award-winning K-12 curriculum.
Stride (NYSE: LRN) has announced it will hold its second quarter fiscal year 2025 earnings conference call on Tuesday, January 28, 2025 at 5:00 p.m. ET.
Investors and analysts can participate in the live call by dialing (800) 715-9871 (domestic) or +1 (646) 307-1963 (international) using conference ID 8901384. A live webcast will be available at the company's investor relations website, and a replay will be posted after the call.
K12 (LRN) has announced the nationwide launch of K12 Tutoring, a personalized online tutoring service responding to a 200% surge in demand since the pandemic. The service features state-certified tutors providing one-to-one, video-enabled sessions across various subjects, with personalized learning plans tailored to each student's needs.
The platform offers flexible scheduling, easy rescheduling options, and no-cost cancellations to accommodate busy families. Led by General Manager Jennifer Moore, K12 Tutoring aims to provide accessible, affordable academic support while fostering positive learning attitudes and building lifelong study habits.
Tech Elevator announces full tuition coverage for Ohio residents through the Individual Microcredential Assistance Program (IMAP), offered by the Ohio Governor's Office of Workforce Transformation. The program provides a no-cost pathway to tech careers through coding bootcamps where students can earn nine in-demand microcredentials.
The bootcamp curriculum includes object-oriented programming, SQL and relational database management, web design and responsive layouts, and JavaScript. Tech Elevator has trained over 3,500 students nationwide, with thousands in Ohio. The program aims to prepare students for careers in software development, offering opportunities for competitive salaries and flexible work arrangements.
Stride Inc has been named Company of the Year by the 2024 BIG Awards for Business, recognizing its contributions to online education. With 25 years in EdTech, Stride provides comprehensive virtual learning solutions through K12-powered schools featuring state-certified teachers and award-winning curriculum. The company offers Stride Career Prep for high school students and adult learning programs through Galvanize, Tech Elevator, and MedCerts. This recognition follows recent awards including 'Best EdTech Company' by Global EdTech Awards and 'Remote Learning Solution Provider of the Year' by EdTech Breakthrough.
K12 has announced the winners of its 2024 Photography Competition, selecting 39 winners from over 12,000 entries across 24 schools nationwide. The competition, now in its ninth year, awarded $20,000 in total prizes, with first-place winners receiving $1,000, second-place $500, and People's Choice winners $100 per grade level. Submissions were accepted from May 28 to August 26, followed by public voting from August 27 to September 27. Entries were evaluated based on Impact and Storytelling (50%), Creativity and Composition (25%), and Technical Proficiency (25%).
Stride Tutoring, a portfolio brand of Stride Inc. (LRN), has partnered with Michigan Virtual to provide high-impact tutoring services across Michigan schools and districts. The collaboration aims to support schools in utilizing the MI Kids Back on Track grant, offering personalized learning through certified teachers. Michigan Virtual, which has relationships with 700 Michigan school districts, will serve as the exclusive channel partner for Stride's ESSA Level III certified tutoring services. The partnership focuses on delivering evidence-based, one-on-one and small group tutoring to help bridge learning gaps and drive academic progress.
Stride, Inc. (NYSE: LRN) reported strong first quarter fiscal 2025 results, with revenue increasing 14.8% to $551.1 million compared to the same period last year. The company saw significant growth in enrollments, up 18.5% to 222,600 students, driven by a 30.4% increase in Career Learning enrollments. Key financial highlights include:
- Net income of $40.9 million, up from $4.9 million
- Diluted earnings per share of $0.94, compared to $0.11
- Adjusted EBITDA of $83.9 million, up from $39.8 million
Stride's General Education revenue grew 10%, while Career Learning revenue increased 22.6%. The company maintains a strong cash position of $539.4 million and forecasts full fiscal year 2025 revenue between $2.225 billion and $2.300 billion.
Stride, Inc. (NYSE: LRN) has issued a statement responding to allegations made by Fuzzy Panda Research, a self-proclaimed short seller. Stride asserts that Fuzzy Panda's claims are inaccurate and misleading, aimed at manipulating investors' perceptions of Stride's performance, financial reporting, leadership, and growth prospects.
The company emphasizes its record results for fiscal year 2024 as evidence of successful strategy execution. Stride reports that shareholders and analysts have expressed confidence in the company's direction. An update on progress will be provided during the first quarter fiscal 2025 financial results release on October 22, 2024.
Stride's Board and management team affirm their confidence in the company's plan to enhance shareholder value and support learners in reaching their full potential.