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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.
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Stride, Inc. (NYSE: LRN) reported robust third-quarter fiscal 2022 results, with revenues of $421.7 million, up 7.5% from $392.1 million in 2021, attributed to strong enrollment trends and growth in Adult Learning. Income from operations surged 57.2% to $60.6 million, resulting in net income of $42.9 million, an 80.4% increase year-over-year. The company raised its full fiscal year 2022 revenue outlook to between $1.645 billion to $1.660 billion. With a solid cash position of $308.6 million, Stride continues its positive trajectory in the education sector.
Stride Inc. (NYSE: LRN) is set to announce its third quarter fiscal year 2022 financial results on April 19, 2022, at 5:00 p.m. ET. Investors are invited to join a live webcast of the call, which will be accessible at this link. Participation requires dialing (888) 210-2831 for domestic or 1 (289) 514-2968 for international calls, starting at 4:45 p.m. ET. A replay will be available after the call until May 19, 2022.
Stride, Inc. (NYSE: LRN) has announced the opening of registration for its e-Sports Summer Camp, a tuition-free online program aimed at enhancing students' gaming skills. Starting on June 13, students can engage in coding classes and competitive gameplay under professional coaches. Enrollees will earn certifications in gaming, with the camp responding to the growing demand for tech skills in e-sports, supported by over $15 million in scholarships offered by colleges. Limited seats are available for this unique educational experience.
Destinations Career Academy of Georgia (GADCA) is now accepting enrollments for the 2022-2023 school year, targeting students in grades 6-8. This online public school, authorized by the State Charter Schools Commission of Georgia, aims to bridge the skills gap in the workforce. GADCA offers a standards-aligned curriculum from Georgia-certified teachers and hands-on learning through Stride Career Prep. The initiative responds to over 450,000 job openings in Georgia that require less than a bachelor’s degree, addressing high student loan debt impacting 1.6 million residents.
West Virginia Virtual Academy (WVVA) has announced enrollment for the 2022-2023 school year for grades K-10. Authorized by the West Virginia Professional Charter School Board, this full-time online program aims to eventually serve grades K-12. WVVA offers a standards-aligned curriculum facilitated by West Virginia-certified teachers, focusing on academic foundations and hands-on learning experiences. With over $7 billion in student loan debt among West Virginia residents, the academy addresses the need for educational support, aiming to prepare students for personal and professional success.
Marian University Preparatory School, launching in August, offers Indiana families a flexible, faith-based K-12 education option. In partnership with Stride, Inc. (NYSE: LRN), the school combines virtual and hybrid learning, adapting curricula to meet individual student needs. It serves grades 6-9 initially, with plans to expand annually. The program emphasizes mastery-based instruction by certified teachers and includes access to AP courses and community resources. Stride, Inc. has supported over 2 million K-12 learners nationally.
Indiana Digital Learning School (INDLS) is collaborating with Ivy Tech Community College to offer students access to the Indiana College Core (ICC) program. Students can earn up to 30 college credits, equivalent to a full year of college coursework, which can be transferred to any Indiana baccalaureate institution. This initiative aims to enhance students' educational pathways and reduce college costs. INDLS, a tuition-free online public school, is currently accepting enrollments for the 2022-2023 academic year.
Enrollment for the 2022-23 school year at Highpoint Virtual Academy (HVAM) is now open for Michigan students. The tuition-free online program supports students in grades K-12, offering flexible education options, including an Early Middle College program allowing for an additional year of study. Amid the COVID surge, many parents are considering online education as a viable option. HVAM, part of Stride, Inc. (NYSE: LRN), has extensive experience in online learning, providing engaging curricula to support academic and extracurricular balance.
In January 2023, over 50 families experiencing homelessness in Ohio applied for their children to attend Ohio Virtual Academy (OHVA), marking a threefold increase compared to previous years. Currently, OHVA supports more than 400 students statewide, representing nearly 4% of Ohio's homeless population. The surge in requests is attributed to the loss of pandemic-related support as the state transitions to post-COVID conditions. OHVA provides essential resources including technology and school supplies while actively seeking to amend laws for better access to food assistance for these families.