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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 revenue of $400.2 million for the first fiscal quarter of 2022, an increase of 7.9% from $371.0 million in 2021. However, the company recorded a loss from operations of $7.0 million compared to an income of $12.1 million in the prior year. The net loss was $5.9 million, a shift from $12.7 million net income. Adjusted EBITDA fell to $25.5 million, down 35.1%. The company anticipates FY 2022 revenue between $1.56 billion and $1.60 billion, with adjusted operating income of $165 million to $180 million.
Dr. Sherri Wilson, Director of Health Career Programs at Stride, Inc. (NYSE: LRN), has been elected President-elect of the Virginia Nurses Association (VNA), effective September 2022. Dr. Wilson will collaborate with current President Linda Shepherd for a seamless transition. She brings over two decades of nursing expertise and aims to lead VNA in promoting education and advocacy for over 115,000 registered nurses in Virginia. Under her leadership, Stride continues to innovate in career learning, particularly in healthcare education.
Insight Academy of Arizona (ISAZ) has become the first fully online school recognized by the Arizona Department of Education for its Career Prep program. This initiative enables middle and high school students to take career-oriented electives in fields such as Business, Health & Human Services, and Information Technology. Dr. Erica Young-Jackson emphasized the importance of this recognition, which highlights the rigorous virtual learning and work-based experiences provided to students. The approval required ISAZ to demonstrate a coherent course sequence and industry collaboration, ensuring inclusivity and skill development.
Tallo is partnering with the Greater Des Moines Partnership to host a virtual IT and technology career exploration event for high school students on October 14. The event aims to connect students with technology companies like Microsoft and Amazon, providing insights into career opportunities in the IT sector. Attendees can explore various educational pathways through institutions such as Des Moines Area Community College and Iowa State University. This initiative addresses the need for greater visibility into tech career options for students.
Stride Inc. (NYSE: LRN) is set to discuss its first quarter fiscal year 2022 financial results on October 19, 2021, at 5:00 p.m. ET. Interested parties can join via a live webcast or by dialing in to the conference call. The event will provide insights into the financial performance and future outlook of the company, known for its innovative education solutions across primary, secondary, and post-secondary settings. A replay will be available from October 19, 2021, until November 19, 2021.
Wisconsin Virtual Academy (WIVA) is introducing Career Exploration classes for 8th graders across Wisconsin, focusing on personalized learning opportunities. The initiative aims to engage students in career fields such as teaching, business, health science, and IT through project-based learning. This approach will build essential skills like teamwork and communication, setting students on a path toward their future careers and potentially reducing college tuition costs. WIVA is part of Stride, Inc., which offers tuition-free online education programs.
Tech Elevator is hosting a free virtual roundtable, 'Women In Tech', on September 28 during Tech Week 2021 in Cleveland. This event aims to empower women in the tech industry by providing insights from top female leaders from companies like KeyBank and Sherwin-Williams. Tech Elevator, acquired by Stride, Inc. (NYSE: LRN) in 2020, has helped over 2,000 graduates secure tech roles, boasting a graduation rate of 95% and a job placement rate of 90%. The roundtable will feature discussions on career journeys and leadership.
Stride, Inc. is enhancing its Criminal Justice and Community Services career pathways to foster diversity and equity in law enforcement careers. As per the U.S. Bureau of Labor Statistics, jobs in criminal justice are expected to grow by up to 31% in the next decade. New coursework will include Cybersecurity, Sociology, and Human Services, benefiting over 3 million students. The initiative aligns with Stride's commitment to address systemic inequities by offering $10 million in scholarships for Black students and promoting diverse educational perspectives.
Cascade Virtual Academy and Insight School of Oregon expand Career Prep options for middle and high school students, enhancing their exposure to various career fields such as business and IT. This initiative allows high school students to earn college credits while still studying, potentially saving on tuition costs. The program aims to provide valuable insights into career opportunities, assisting students in finding their future paths. The schools are part of the Stride Company (NYSE: LRN) online public charter system, offering tuition-free education.