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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.
Grand Canyon Private Academy (GCPA) has announced open enrollment for its 2022-2023 school year, targeting students in grades K-10 in Arizona. With plans to expand to K-12, GCPA will provide personalized education and career-focused electives from 7th grade. The academy aims to address educational gaps, especially given that over 85,000 job openings in Arizona require less than a bachelor's degree. GCPA's curriculum is provided by Stride, Inc. (NYSE: LRN), emphasizing a blend of academic and practical learning.
Career Academy of Utah (CAU), a newly-established virtual charter school, has appointed Dr. Bonita Teasley as Head of School. With over 20 years in public education, Dr. Teasley aims to enhance student learning and compliance through a collaborative approach. CAU, part of the Stride Career Prep program, offers career-prep classes and the opportunity for students to earn college credits while still in high school. Enrollment is now open for Utah students in grades K-9, with plans for expansion to 12th grade in future years.
Arkansas Virtual Academy (ARVA) has been recognized as the top public high school in Arkansas for offering iCEV industry certification classes. In collaboration with notable organizations, ARVA students earned 89 certifications and completed over 700 in total, enhancing career readiness. Industry certifications, aligned with real-world standards, significantly improve students' academic performance and career prospects. Enrollment for the 2022-2023 school year is now open, providing families with access to a tuition-free, online public education.
As the new school year approaches, a survey by Stride reveals over half (52%) of California parents prefer private schooling for their children. Additionally, 54% would consider exclusively virtual schooling due to ongoing COVID-19 concerns. Increasing worries about school safety are highlighted, with a reported 50% rise in violent threats in schools.
Moreover, 82% of parents feel a lack of transparency regarding school curricula. Despite challenges, over two million students have opted for online education with K12, a Stride company, indicating strong satisfaction with this format.
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Stride, Inc. (NYSE: LRN) reveals that as the school year begins, only 55% of parents support public education, with 45% favoring private schooling for their children. A survey indicates 50% of parents would opt for virtual schooling due to ongoing COVID-19 concerns. Key worries include safety, with 54% concerned about gun violence in schools and 81% desiring more transparency on school activities. Stride's K12 platform reports over two million students opting for at-home education, with 80% of parents pleased with the outcomes.
As parents prepare for the upcoming school year in Texas, a survey by Stride, Inc. reveals significant concerns regarding public school safety and demands for alternative education options. About 42% of parents prefer private schooling, and 52% are likely to enroll their child in a virtual program. The survey highlights a 50% increase in violent threats and a 70% rise in disruptive behavior in schools since 2019, prompting 84% of parents to seek greater transparency in curricula. Stride promotes online learning as a safe and flexible alternative, with over 80% of K12 parents reporting positive educational experiences.
A new study reveals that graduates from K12-powered high schools outperform their brick-and-mortar counterparts in career readiness and confidence. Survey results show that 74% of K12 graduates feel optimistic about their career direction, compared to 56% of traditional school graduates. Additionally, 78% of K12 alumni believe they excel in their jobs, versus 46% from other schools. The findings support Stride's commitment to providing effective online education that prepares students for future success.
Stride, Inc. (NYSE: LRN) launched the third season of its podcast, “What I Want to Know with Kevin P. Chavous,” aimed at addressing pressing education topics. Season three features guests like Dr. Aaliyah Samuel and Dr. Barry Fishman, discussing social emotional learning and the impact of games on student outcomes. New episodes will be released weekly, and past episodes are available on major podcast platforms. The podcast emphasizes Stride's commitment to addressing educational equity and social challenges in the U.S.
Stride, Inc. (NYSE: LRN) has elected Joseph A. Verbrugge to its Board of Directors, effective August 5, 2022. Verbrugge, currently the Chief Commercial Officer at Sirius XM Holdings Inc., brings extensive experience in marketing, partnership development, and operations. His leadership is expected to benefit Stride and its shareholders as the company aims to enhance education solutions. Verbrugge holds degrees from the University of Michigan, Georgetown University, and the University of Oxford.