Welcome to our dedicated page for Stride news (Ticker: LRN), a resource for investors and traders seeking the latest updates and insights on Stride stock.
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.
Stride, Inc. (NYSE: LRN) reported significant financial growth for the fiscal year ending June 30, 2021. Revenue rose to $1,536.8 million, a 47.7% increase from 2020, driven by heightened demand across all product lines. Net income surged 191.6% to $71.5 million with diluted earnings per share reaching $1.71. Fourth-quarter figures mirrored this trend, with revenues up 47.8% at $397.5 million. Cash and cash equivalents totaled $386.1 million, reflecting a solid liquidity position. The company anticipates providing an outlook for fiscal year 2022 in October 2021.
Insight School of Oklahoma (ISOK) is launching its 2021-2022 school year, providing a full-time online education for grades 6-12 across Oklahoma, starting August 10. A survey by Stride, Inc. revealed that 91% of parents value multiple schooling options, with two-thirds open to full-time online schooling. ISOK reports lower learning loss compared to national averages during the pandemic and offers a supportive learning environment. Enrollments are still open, and families can access the curriculum via Stride's mobile app.
Louisiana Virtual Charter Academy (LAVCA) is set to commence the 2021-2022 school year on August 11. Serving grades K-12, LAVCA offers a full-time online public school option aimed at supporting student growth and success. With the ability to earn college credits, LAVCA enables eligible students in grades 11 and 12 to take both high school and college courses, potentially saving on tuition costs. A recent survey by Stride, Inc. reveals that a significant majority of parents appreciate having multiple educational options post-pandemic.
Digital Academy of Florida (DAOF) is set to begin the 2021-2022 school year, offering a stable online education for K-12 students. With parents showing interest in multiple school options post-pandemic, 91% value full-time online learning. Notably, Stride K12-powered schools like DAOF have reported lower learning loss compared to national averages. Students can benefit from Career Prep Programs and AP courses, enabling them to explore careers and earn college credits. DAOF is still accepting enrollments for the current school year, providing flexible academic options.
Nevada Virtual Academy (NVVA) has opened enrollment for the 2021-2022 academic year, providing a full-time online education for grades 6-12. With a focus on student potential, NVVA offers dual credit opportunities in partnership with institutions like UNLV and Grand Canyon University. A recent survey shows 91% of parents value diverse schooling options, while nearly two-thirds are open to full-time online education post-pandemic. NVVA aims to support students through flexible learning environments and is committed to their academic and personal growth.
Alabama Virtual Academy (ALVA) is set to begin the 2021-2022 school year on August 10, providing an online education option for students in Alabama. Staffed by licensed teachers, ALVA aims to support students needing alternative educational pathways. The program has reported lower learning loss rates compared to national trends during the COVID-19 pandemic. A recent survey indicated that 91% of parents value multiple schooling options, with a significant number open to full-time online schooling after their pandemic experiences.
Oklahoma Virtual Charter Academy (OVCA) begins the 2021-2022 school year on August 10, offering a full-time online education for K-12 students in Oklahoma. With a focus on personalized learning, OVCA combines technology with a comprehensive curriculum led by certified teachers. Students can earn college credits in grades 11 and 12, providing early access to college courses. A recent survey indicates 91% of parents value multiple schooling options, with many considering full-time online education. OVCA is still accepting enrollments for the current school year.
Florida Cyber Charter Academy (FLCCA) is set to commence the 2021-2022 school year on August 10, providing a full-time online public school option for K-12 students in Florida. With the pandemic reshaping education, 91% of parents express the need for diverse schooling options, including online models. The academy boasts a supportive online environment conducive to academic success, catering to students' unique needs, and is currently accepting enrollments for the new academic year. FLCCA operates as a tuition-free school under the Florida public school system.
Hoosier Academy and Insight School of Indiana are set to launch the 2021-2022 school year on August 9, offering a full-time online education option. A Stride survey reveals that 91% of parents value multiple school choices, with many considering online education post-pandemic. Despite reported learning losses nationwide, Stride K12-powered schools like Hoosier and ISIN have demonstrated lower learning loss rates. Online learning provides an adaptable curriculum, catering to diverse student needs. Enrollment is ongoing for the new academic year.
Iowa Virtual Academy (IAVA), a tuition-free public school within the Clayton Ridge Community School District, is set to commence its 2021-2022 academic year on August 23, 2021. A recent survey by Stride, Inc. indicates that 91% of parents value diverse educational options, with a notable interest in full-time online and hybrid models due to pandemic experiences. Despite national learning loss trends, Stride K12-powered schools, including IAVA, reported lower learning loss rates, and some students even achieved learning gains. IAVA continues to accept enrollments for this school year.