Stride, Inc. reports developments tied to its technology-based education business, including financial results, earnings calls, and enrollment activity for online public and private school programs. The company operates through K12, a portfolio brand that powers virtual public schools, accredited homeschool curriculum, personalized tutoring, and related learning options.
Recurring company updates include state-by-state enrollment openings for tuition-free virtual public schools, teacher-led online instruction, career and technical education pathways, academic support programs, and high school diploma options. News also covers revenue, operating income, adjusted measures, enrollment definitions, and fiscal-year outlooks for Stride’s education platform.
Stride Inc. (NYSE: LRN) has announced a conference call on April 25, 2023, at 5:00 p.m. ET to discuss its third quarter fiscal year 2023 financial results. Investors and analysts can participate via phone or access a live webcast. The call aims to provide insights into Stride's performance, ongoing initiatives, and future outlook. The replay will be available after the call through the same webcast link. As a leader in tech-enabled education solutions, Stride serves K-12 and adult learners across the U.S. and more than 100 countries, focusing on innovative learning experiences and professional skills training.
Heron Virtual Academy of South Carolina (HVASC) is set to launch for the 2023-2024 school year, offering a tuition-free program for grades 9-12. This state-approved virtual Alternative Education Campus aims to support students facing academic challenges, equipped with Individualized Learning Plans. HVASC focuses on credit recovery and career preparation in high-demand fields like business and entrepreneurship, providing access to accelerated credit recovery courses. The curriculum, crafted by K12, is designed to foster essential life skills through social-emotional learning and project-based activities, maximally engaging students in flexible learning environments.
Enrollment is currently open, with a mission to inspire students who have previously struggled academically.
Stride, Inc. (NYSE: LRN) has announced a partnership with WebbAlign to enhance its K-12 educational offerings. This collaboration aims to implement the Depth of Knowledge (DOK) framework, designed to help educators meet modern educational standards effectively. The partnership supports Stride's commitment to providing individualized learning opportunities, fostering skills like resilience and self-management among students. With a flexible curriculum that adapts to state requirements, Stride continues to serve public and private schools nationwide, ensuring students access high-quality educational content and assessments.
Stride, Inc. (NYSE: LRN) has partnered with Ball State University to offer a range of certificate training programs through its non-credit division, Lifetime Learning. This collaboration introduces several in-demand courses, including Phlebotomy Technician, Surgical Technician, and Cisco CCNA Network Associate, enhancing opportunities in healthcare and IT fields. The initiative aims to fill talent gaps by providing career success coaching and funding options for students. Since its inception in 2009, MedCerts has supported over 50,000 individuals in gaining credentials and entering new careers, emphasizing its commitment to workforce development.
As of late March, over 50,000 students in Arizona are utilizing Empowerment Scholarship Account funding for private school education, receiving approximately $7,000 each for tuition and expenses. The increased preference for online education is evident, with enrollment in virtual schools reaching 176% of pre-pandemic levels. Arizona ranked 7th in the U.S. for full-time online education enrollment in 2021. The online learning sector is expected to grow by nearly 10% annually over the next five years, driven by demand for STEM education. Both Grand Canyon Private Academy and FaithPrep Arizona are accepting enrollments for the 2023-2024 school year.
Enrollment is now open for Minnesota students seeking online public school options tailored to individual needs. Powered by Stride, these tuition-free schools offer personalized education, leveraging 20 years of online K-12 experience. Students can choose from full- or part-time schooling with various programming options that include career training and flexible scheduling. The curriculum meets Minnesota standards, ensuring a quality education. Stride's Minnesota schools, including Minnesota Virtual Academy, IQ Minnesota, and Insight Minnesota, provide inclusive and supportive environments for students, helping them thrive academically and socially.
Tallo has formed a joint venture with Texas ESC, Region 13 to enhance career learning for Texas students.
Over 100,000 students in the Austin area will gain unlimited access to Tallo's platform, aimed at connecting them with educational and job opportunities. Tallo’s Head of Business Development, Mike Dardaris, emphasizes the importance of this partnership in helping students showcase their skills. Dr. Rich Elsasser from Texas ESC notes that this initiative provides a pathway for students to envision their futures, promoting their productivity and innovation.
For further resources, visit tallo.com/texas-region-13.
Stride, Inc. (NYSE: LRN) has appointed Allison Lawrence and Ralph Smith to its Board of Directors, effective March 27, 2023. Lawrence brings nearly 20 years of experience from Stanley Black & Decker, where she led eCommerce and various executive roles. Smith, a founding director of the Campaign for Grade-Level Reading, has a strong background in education policy and community engagement. Both are expected to contribute significantly to Stride's mission of enhancing educational outcomes. Their diverse experiences in business and education are poised to strengthen Stride's leadership as it continues to innovate in tech-enabled education solutions.
Grand Canyon Private Academy reveals that over 35% of parents chose online education primarily due to bullying concerns, as noted in a recent survey. The report highlights the experiences of students like Leo, who faced severe bullying in traditional schools. The National Bullying Prevention Center indicates that 85% of bullied students are targeted on school property. The Empowerment Scholarship Account (ESA) program offers Arizona families options for private online schooling, now including GCPA and FaithPrep Arizona. Both institutions focus on a supportive learning environment free from bullying, which is crucial for student success.
Stride, Inc. (NYSE: LRN) has launched a new curriculum to celebrate Women’s History Month, featuring stories of inspiring women and girls. This initiative, done in partnership with Rebel Girls, aims to amplify representation in education, offering diverse content across various subjects. The Stride Learning Hub will include curated collections of Rebel Girls books and audio content, allowing educators to personalize their courses. Stride emphasizes the importance of representation in learning, believing that students benefit from seeing stories that reflect their backgrounds. This partnership further extends Rebel Girls’ reach in educational settings.