Stride Inc Stock Price, News & Analysis

In a recent survey by Stride, Inc. (NYSE: LRN), 86% of school leaders recognize the value of online learning as a complement to traditional education. However, 69% express concerns about their readiness for effective online instruction. Nearly 44% believe hybrid learning will become the norm. Key barriers include universal broadband access, teacher training, and quality digital curricula. Administrators seek better support for teachers, engaging content, and customizable platforms, highlighting the ongoing demand for innovative solutions in education.

Enrollment for the 2022-23 school year is open at Maine Virtual Academy (MEVA), an online public school for grades 7-12 in Maine. Amid COVID-19 challenges, parents increasingly seek online educational options. Dr. Melinda Browne, Head of School, emphasizes MEVA's established reputation for high-quality education, free for Maine residents. The program offers an alternative to traditional schooling, promoting a bullying-free environment. Families can access information sessions and enrollment details via MEVA's website.

Stride, Inc. (NYSE: LRN) reported strong financial results for Q2 FY2022, with revenue of $409.5 million, up 8.9% from $376.1 million in 2021. Growth was driven by increases in Career Learning enrollments, especially in the middle and high school sectors. Net income rose to $42 million from $24.5 million, yielding a diluted EPS of $1.00. Despite overall revenue growth, revenue from General Education fell slightly. The company raised its full-year revenue forecast to $1.62 billion to $1.64 billion.

Ohio Virtual Academy (OHVA) has partnered with Orion Institute to train high school students for health care roles. This program allows students to earn certifications in Medical Billing & Coding, Medical Assisting, and Massage Therapy while still enrolled in high school, thereby saving on tuition.

Over 60 students have already signed up, gaining advanced standing in Orion’s programs and job placement assistance. With 500,000 health care jobs open nationwide, this initiative aims to fill critical workforce gaps in Ohio's health care sector.

Stride Inc. (NYSE: LRN) is set to discuss its second quarter fiscal year 2022 financial results during a conference call on January 25, 2022 at 5:00 p.m. ET. Investors can participate by dialing (888) 210-2831 for domestic calls or (289) 514-2968 for international, starting from 4:45 p.m. ET. A replay will be available from 8:00 p.m. ET on the same day until February 25, 2022. The live webcast can be accessed via this link.

Stride, Inc. (NYSE: LRN) announces its second annual National Spelling Bee, inviting students from grades 3-12 to participate in a hybrid competition with prizes including $2,500 and gaming laptops for winners. The event, which emphasizes educational engagement in hybrid learning environments, will feature multiple rounds at school, state, regional, and national levels. Stride aims to enhance the educational experience by introducing new enrichment programs alongside the Spelling Bee. Registration closes on **January 28, 2022**.

MedCerts has partnered with Excelsior College to enable students to transfer up to nine credit hours towards various degree programs. This innovative collaboration aims to facilitate career advancement by lowering educational barriers for graduates. MedCerts, a Stride company, has aided over 35,000 individuals in earning credentials for careers in healthcare and IT. With over 1,000 hiring organizations, this partnership enhances the pathways for students seeking further education and career success.

Stride, Inc. (NYSE: LRN) announced its participation in two investor conferences in Q1 2022. The company will host meetings at Needham's 23rd Annual Virtual Growth Conference on January 13, 2022, and William Blair’s 6th Annual Tech Innovators Conference on March 15, 2022. Stride has also released an updated investor presentation, available on its Investor Website. As a leading technology-based education provider, Stride focuses on innovative education solutions for K-12 and adult learners, delivering millions of courses across the U.S. and beyond.

Idaho Technical Career Academy (ITCA) has received the 2021 Cognia™ School of Distinction award, marking it as the only such recognized school in Idaho. This award highlights ITCA's commitment to educational excellence among over 1,200 eligible institutions globally. ITCA is part of Cognia’s Schools of Distinction program, having earned Cognia Accreditation initially in 2016 and reaccredited in March 2021. Executive Director Monti Pittman expressed pride in the faculty's dedication to students. Cognia's President commended ITCA for its ongoing commitment to enhancing student experiences.