EXHIBIT 99.1 Strong Demand Delivers Another Record Quarter for Stride RESTON, Va., April 29, 2025 (GLOBE NEWSWIRE) -- Stride, Inc. (NYSE: LRN), one of the nation's most successful technology-based education companies, today announced its results for the third fiscal quarter ended March 31, 2025. Third Quarter Fiscal 2025 Highlights Compared to 2024 Third Quarter Fiscal 2025 Summary Financial Metrics | | Three Months Ended March 31, | | | | Change 2025/2024 | | | --- | --- | --- | --- | --- | --- | --- | | | ...

Core Insights - Stride, Inc. reported strong financial results for the third fiscal quarter ended March 31, 2025, with significant increases in revenues and net income compared to the same period in 2024 [1][2][6]. Financial Performance - Revenues for the third quarter reached $613.4 million, a 17.8% increase from $520.8 million in the same quarter of 2024 [3][6]. - Income from operations was $130.8 million, up 48.1% from $88.3 million year-over-year [3][6]. - Net income increased by 42.6% to $99.3 million, compared to $69.7 million in the prior year [3][6]. - Diluted net income per share rose to $2.02, a 26.3% increase from $1.60 [3][6]. - Adjusted operating income was $141.7 million, reflecting a 47.0% increase from $96.4 million [3][6]. - Adjusted EBITDA for the quarter was $168.3 million, up 39.6% from $120.5 million [3][6]. Year-to-Date Performance - For the nine months ended March 31, 2025, total revenues were $1.75 billion, a 16.3% increase from $1.51 billion in the same period of 2024 [5][7]. - Income from operations for the nine months was $303.2 million, a 72.4% increase from $175.9 million [5][7]. Enrollment and Revenue Metrics - Average enrollments in the third quarter were 240.2K, a 21.1% increase from 198.4K in the same quarter of fiscal 2024 [10]. - Career Learning enrollments averaged 98.7K, up 33.7% from 73.8K year-over-year [10]. - Revenue per enrollment for the third quarter was $2,415, slightly down from $2,420 in the same quarter of fiscal 2024 [12]. Cash Flow and Capital Allocation - As of March 31, 2025, cash and cash equivalents totaled $754.6 million, an increase from $714.2 million reported at June 30, 2024 [14]. - Capital expenditures for the quarter were $15.8 million, compared to $16.3 million in the same quarter of the previous year [14]. Fiscal Year 2025 Outlook - The company raised its revenue and adjusted operating income forecast for the full fiscal year 2025, projecting revenues in the range of $2.370 billion to $2.385 billion and adjusted operating income between $455 million and $465 million [19][15].

Core Insights - Stride's stock has surged 35% in 2025, reaching new all-time highs, driven by its growth and resilience in the face of economic challenges [1][10] - The company has demonstrated significant long-term performance, with a 760% increase over the past decade, outperforming the S&P 500's 174% [1][10] - Despite its strong performance, Stride's stock trades at a 67% discount to its historical peaks in terms of forward earnings [11] Financial Performance - Stride's revenue grew from $400 million in 2010 to $2.04 billion in FY24, with an average growth rate of 10% over the last three years following a 48% increase during the COVID-19 pandemic [5] - In Q2 FY25, Stride reported a 16% increase in revenue and a 32% increase in earnings, with enrollments averaging 230.6K, up 19% year-over-year [8] - The company is projected to grow sales by 15% in FY25 and 7% in FY26, with adjusted EPS expected to increase by 48% and 10%, respectively [8] Market Position and Strategy - Stride is capitalizing on the digitalization of education, offering a range of services for K–12 students, adult learners, and professionals [3][4] - The company is expanding its career learning segment, particularly among middle and high school students, and boasts a 90% job placement rate for its Tech Elevator program [4][3] - Stride's strong balance sheet supports its growth prospects in the evolving education landscape [15]

Core Insights - Stride (LRN) has been added to the Zacks Rank 1 (Strong Buy) list, with its stock price nearing a 52-week high of over $140, reflecting a performance increase of over 30% in 2025, supported by positive earnings estimate revisions [1][2]. Enrollment and Revenue Growth - Stride has experienced strong enrollment growth, particularly in its career learning programs for middle and high school students, as well as professional skills training for adults, contributing to a revenue increase of 14% expected in fiscal 2025 and a further 7% in FY26, reaching projected sales of $2.49 billion [3][4]. - The projected sales for FY26 would indicate a 139% growth since the pandemic, with 2020 sales recorded at $1.04 billion [3]. Earnings Estimates and Revisions - Earnings per share (EPS) estimates for FY25 and FY26 have increased by over 4% in the last 60 days, with FY25 EPS expected to rise by 48% to $6.96 compared to $4.69 in 2024, and FY26 EPS projected to increase by 9% to $7.62 [5][7]. Financial Health - Stride's cash reserves have significantly increased to $692 million from $212 million in 2020, with total assets amounting to $1.92 billion against total liabilities of $744 million, indicating a strong balance sheet [7][8]. Valuation Metrics - Despite a strong performance, Stride's stock trades at a forward earnings multiple of 20.6X, which is slightly above the Zacks Schools Industry average of 15.3X but comparable to the S&P 500 [9]. - Stride's cash flow per share (CFPS) ratio stands at 8X, significantly higher than the industry average of 0.4X and the benchmark's 6.1X [10]. Investment Appeal - Stride is considered one of the most attractive stocks in the consumer discretionary sector, with an overall "A" VGM Zacks Style Scores grade for Value, Growth, and Momentum, suggesting it may be an opportune time for investment [12].

Core Viewpoint - Growth stocks are appealing due to their potential for above-average financial growth, but identifying strong candidates can be challenging due to inherent volatility and risks [1] Company Summary - K12 (LRN) is identified as a promising growth stock, supported by a favorable Growth Score and a top Zacks Rank [2] - The company has a historical EPS growth rate of 54.2%, with projected EPS growth of 48.3% this year, significantly surpassing the industry average of 23.8% [4] - K12's year-over-year cash flow growth stands at 32.1%, well above the industry average of 3.2%, indicating strong cash accumulation for potential new projects [5] - The annualized cash flow growth rate for K12 over the past 3-5 years is 23.8%, compared to the industry average of 7.4% [6] - There has been a positive trend in earnings estimate revisions for K12, with a 4.2% increase in the current-year earnings estimates over the past month [7] - K12 has achieved a Growth Score of A and a Zacks Rank 1, indicating strong potential for growth investors [8]

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider K12 (LRN) . This company, which is in the Zacks Schools industry, shows potential for another earnings beat.This online education company has an established record of topping earnings estimates, especially when looking at the previous two reports. The company boasts an average surprise for the past two quarters of 186.52%.For ...

Core Viewpoint - Stride Inc. is set to discuss its third quarter fiscal year 2025 financial results in a conference call scheduled for April 29, 2025 [1]. Group 1 - The conference call will take place at 5:00 p.m. eastern time (ET) [1]. - A live webcast of the call will be available for investors and analysts [2]. - Participants can join the call by dialing specific numbers for domestic and international access, providing a conference ID number [2]. Group 2 - Stride Inc. is focused on redefining lifelong learning through innovative education solutions [3]. - The company serves learners across primary, secondary, and postsecondary settings, offering a variety of services including K-12 education and professional skills training [3]. - Stride Inc. reaches learners in all 50 states and over 100 countries [3].

Company Announcement - Stride Inc. plans to discuss its third quarter fiscal year 2025 financial results during a conference call scheduled for April 29, 2025, at 5:00 p.m. ET [1] - A live webcast of the call will be available for investors and analysts [1] - Participants can join the call by dialing the provided domestic and international numbers and using the conference ID number [1] Company Overview - Stride Inc. is focused on redefining lifelong learning through innovative and high-quality education solutions [3] - The company serves learners in primary, secondary, and postsecondary settings, offering a wide range of services including K-12 education, career learning, professional skills training, and talent development [3] - Stride reaches learners in all 50 states and over 100 countries [3]

Group 1 - The general consensus among consumers and investors is skepticism towards for-profit education companies, highlighted by significant failures in the public markets, including the recent delisting of 2U, which focused on online graduate degree programs [1] Group 2 - Gary Alexander has extensive experience in covering technology companies on Wall Street and working in Silicon Valley, providing insights into current industry themes [2]

Atlanta, GA, April 01, 2025 (GLOBE NEWSWIRE) -- MedCerts, a nationally recognized leader in online career training and a Stride Inc. company, has forged a strategic partnership with City of Refuge, an Atlanta- based nonprofit. Together, they aim to empower underserved individuals by offering industry-recognized healthcare training, paving the way to sustainable careers, financial independence and a brighter future. The alliance represents a powerful commitment to bridge the gap between education and employm ...