RESTON, Va., April 23, 2024 (GLOBE NEWSWIRE) -- Stride, Inc. (NYSE:LRN), one of the nation's leading technology-based education companies, today announced its results for the third fiscal quarter ended March 31, 2024. Third Quarter Fiscal 2024 Highlights Compared to 2023 Revenue of $520.8 million, compared with $470.3 million, driven by continued strong enrollment trends.Income from operations of $88.3 million, compared with $72.2 million.Net income of $69.7 million, compared with $55.5 million.Diluted net ...

Stride, Inc. (LRN) is slated to release third-quarter fiscal 2024 results on Apr 23, after market close.In the last reported quarter, the company saw impressive results. Its adjusted earnings topped the Zacks Consensus Estimate by 14.9% and increased 29.4% from the year-ago quarter’s levels. The company’s revenues of $504.9 million exceeded the consensus mark of $503.8 million by 0.2% and increased 10.1% from the prior year’s levels.Its earnings surpassed the consensus mark in the trailing four quarters, wi ...

K12 (LRN) ended the recent trading session at $60.03, demonstrating a -1.09% swing from the preceding day's closing price. This change lagged the S&P 500's 0.95% loss on the day. On the other hand, the Dow registered a loss of 1.09%, and the technology-centric Nasdaq decreased by 0.84%.Heading into today, shares of the online education company had lost 1.83% over the past month, lagging the Consumer Discretionary sector's loss of 0.94% and the S&P 500's gain of 1.78% in that time.Analysts and investors alik ...

The stock market is in the midst of a much-needed break as Wall Street takes profits following another mini-run off a key short-term moving average. The Nasdaq slipped below its 21-day again on Friday, which is a level that has provided bullish support throughout 2024.The major U.S. indexes were always going to slide down to longer-term averages such as the 50-day or 21-week. The larger pullback could happen now or down the road. The next significant downturn should be viewed as a buying opportunity.The bul ...

Stride, Inc. (LRN) collaborates with the American Public University System (APUS), a subsidiary institution of American Public Education, Inc. (APEI) , to provide a more affordable path to higher education. LRN aims to ease the financial burden on recent graduates from K12-powered schools amid the nation's staggering $1.7-trillion student debt crisis.Through this partnership, all LRN graduates are eligible for a 10% tuition grant at APUS, reducing undergraduate credit hour costs to just $315. Stride graduat ...

MANISTEE, Mich.--(BUSINESS WIRE)--Enrollment is now open at Michigan Great Lakes Virtual Academy (MGLVA), a full-time online public school with Michigan-certified teachers powered by Stride K12. The open enrollment period — available to students anywhere in the state — is from March 11-22. “MGLVA is committed to offering students across Michigan a high-quality education that not only gets them to the finish line but prepares them for life after graduation as they work toward their long-term goals,” said ...

MAUMEE, Ohio--(BUSINESS WIRE)--Jared Shoup, a high school social studies teacher at Ohio Virtual Academy (OHVA), was recently named a recipient of the Ohio Civil Rights Commission Excellence in Teaching Diversity Award. Mr. Shoup was recently recognized at the Ohio Civil Rights Commission’s annual Dr. Martin Luther King, Jr. Art, Writing and Multimedia Contest awards ceremony in Columbus, with many of his current and former students in attendance. “Jared is an incredible teacher, beloved by students and ...

MAUMEE, Ohio--(BUSINESS WIRE)--Enrollment is now open at Ohio Digital Learning School (ODLS), a full-time online public school with Ohio-certified teachers powered by Stride K12. The open enrollment period — available to students anywhere in the state — begins on Feb. 22. “An online education from ODLS sets students up for success through a personalized approach to learning, tailored to each student’s goals, whether employment, enlistment or enrollment,” said Dr. Brian Powderly, head of school at ODLS. “ ...

The Consumer Discretionary group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. K12 (LRN) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? Let's take a closer look at the stock's year-to-date performance to find out.K12 is a member of our Consumer Discretionary group, which includes 292 different companies and currently sits at #12 in the Zacks Sector ...

COLUMBUS, Ohio--(BUSINESS WIRE)--Ohio Virtual Academy (OHVA), a full-time online public school with Ohio-certified teachers, announced today it will welcome enrolled students and interested families to its Expo and Exploration Day at the Center of Science and Industry (COSI) museum in Columbus, Ohio. The event, which will take place on Thursday, March 21 from 5:30-9 p.m., is open to current and prospective students and families across Ohio. “OHVA is a virtual school that strives to create connections amo ...