Stride Inc Stock Price, News & Analysis

Stride, Inc. has launched Road2Teach, a newly approved Transition to Teaching education preparation program in Indiana. This innovative program aims to prepare future educators with essential skills for classroom readiness. Key features include:

- Two non-degree-granting programs: Elementary Education (24 credits) and Secondary Education (18 credits)
- 12-week teaching internship with 10 weeks of full-time solo instruction
- Self-paced online coursework
- Access to Praxis study materials and practice exams
- Personalized support from candidate advisors and faculty
- Access to Stride Professional Development Center

Road2Teach offers flexibility for non-traditional adult learners and provides options for district, non-public, and charter schools. The first cohort starts on September 30, 2024, with applications now open.

Stride Inc. (NYSE: LRN) reported strong financial results for fiscal year 2024, with significant year-over-year growth. Key highlights include:

- Revenue increased 11% to $2,040.1 million
- Net income rose 60.9% to $204.2 million
- Diluted earnings per share grew 57.9% to $4.69
- Adjusted EBITDA improved 31.9% to $390.7 million

The company's General Education segment saw a 13.9% revenue increase, while Career Learning revenue grew 6.4%. Average enrollment across both segments increased by 9% to 194,300 students. Stride's strong cash position of $714.2 million as of June 30, 2024, positions it well for future growth.

Webber International University has announced a corporate workforce initiative offering non-degree asynchronous online career training programs in healthcare and information technology, powered by MedCerts. This partnership aims to enhance educational opportunities for Webber students and Polk County residents, providing a pathway to acquire specialized skills in high-demand fields.

The programs, starting August 1st, will offer credentials and certificates in high-skill, high-wage areas. They are designed to accommodate working adults and allow local businesses to partner with Webber for employee training. This initiative demonstrates Webber's commitment to preparing students for successful careers and strengthening the state's workforce through both degree programs and short-term educational opportunities.

Indiana Tech has formed a partnership with MedCerts, an online training provider specializing in certifications for allied healthcare and IT. This collaboration allows students who have completed MedCerts certifications to transfer up to 30 credit hours toward Indiana Tech degree programs. The initiative aims to provide a streamlined and supportive educational pathway, recognizing diverse learning experiences and making higher education more affordable. Both institutions emphasize the creation of a comprehensive educational ecosystem to empower students and meet the demands of today's job market. This partnership is noted as the largest Credit for Prior Learning (CPL) collaboration for MedCerts to date.

Hack Reactor, a Stride company (NYSE: LRN), has announced a new consumer experience aimed at streamlining career transitions into technology. This update includes more comprehensive content offerings and educational resources to help land software engineering jobs. Hack Reactor, which boasts over 14,000 alumni employed at more than 2,500 companies, offers two core programs: an Intermediate Coding Bootcamp for fast-tracked software developer training and a Beginner Coding Bootcamp for those new to coding. Both programs incorporate AI proficiency using GitHub Copilot. CEO Jaime Matayas emphasized the ongoing enhancement of all Hack Reactor programs. Visit the revamped website for additional details on programs, admissions, and alumni stories.

Stride (NYSE: LRN) has been awarded the Remote Learning Solution Provider of the Year by EdTech Breakthrough, highlighting their excellence in education technology. Stride, a leading provider of tech-enabled education, offers personalized and career-focused virtual learning to students, schools, the military, and enterprises across primary, secondary, and postsecondary levels.

Chief Learning Officer Niyoka McCoy emphasized the company's commitment to accessible online education. Stride’s K12-powered schools deliver a robust online K-12 curriculum, including public and private schooling options, homeschooling materials, tutoring, and Career and Technical Education pathways. The award underscores Stride’s success in leveraging technology to provide high-quality, equitable education.

The EdTech Breakthrough Awards recognize achievements in various categories, including Student Engagement, School Administration, Adaptive Learning, STEM Education, Remote Learning, and Career Preparation. This year, the program received thousands of nominations from over 17 countries.

MedCerts and Lifework have announced a partnership to enhance Allied Health education. Lifework will now offer MedCerts' short-term online and blended learning programs, including courses for Professional Coder, Surgical Technologist, and Medical Assistant. These programs combine online interactive learning with in-person training to provide technical knowledge and practical skills. Frank Swiger, CEO of Lifework, and Craig Sprinkle, CEO of MedCerts, emphasized their commitment to providing state-of-the-art programs aligned with national credentials and in-demand jobs. This partnership aims to meet the diverse needs of students and align with job market demands.

Tech Elevator, a Stride company (NYSE: LRN), has announced a full-tuition grant for its Part-Time Coding Bootcamp in Delaware, alongside its existing Full-Time, National Live Remote program. The initiative is in partnership with Tech Impact's Tech Hire Delaware, funded by the Delaware Workforce Development Board and Department of Labor. This aims to provide free career training for Delaware residents, promoting careers in software engineering, known for economic mobility, competitive salaries, and job flexibility. Over 3,500 students have graduated from Tech Elevator, with 150 educated through Tech Hire Delaware. Applications are open to Delaware residents who meet specific eligibility criteria.

Destinations Career Academy of Colorado (CODCA), a tuition-free online public school, has obtained NCAA approval for its core curriculum, benefiting elite student athletes in Colorado who opt for digital learning. Student athletes at CODCA can balance their rigorous training schedules with academic success, thanks to the school's flexibility and opportunities. The approval means students no longer have to choose between education and athletics, setting them up for a bright future.