RESTON, Va, Jan. 14, 2025 (GLOBE NEWSWIRE) -- Stride Inc. (NYSE: LRN) announced today it plans to discuss its second quarter fiscal year 2025 financial results during a conference call scheduled for Tuesday, January 28, 2025 at 5:00 p.m. eastern time (ET). A live webcast of the call will be available at https://events.q4inc.com/attendee/534139423. To participate in the live call, investors and analysts should dial (800) 715-9871 (domestic) or +1 (646) 307-1963 (international) and provide the conference ID n ...

Enrollment Growth and Market Demand - Enrollment growth is a key driver for Stride, with total enrollment increasing by 18.5% year-over-year to 222.6K in Q1 FY2025, the highest since the pandemic [2] - General Education (K-12) enrollment grew by 11.3% to 130.9K, while Career Learning (Middle-High School) surged by 30.4% to 91.7K [2] - The company benefits from strong demand for virtual and blended educational programs, supported by regulatory reforms under the Trump administration [1] Financial Performance and Targets - Stride aims to achieve fiscal 2028 targets, including revenue growth of $2.70-$3.30 billion (10% CAGR) and adjusted operating income of $415-$585 million (20% CAGR) [10] - EPS is projected to grow to $6.15-$8.35 by FY2028, reflecting a 20% CAGR [10] - The company's liquidity position is strong, with $539.4 million in cash, cash equivalents, and marketable securities as of Sept 30, 2024, against long-term debt of $415.1 million [11] Stock Performance and Valuation - LRN stock has outperformed the market, rising 58.3% in the past six months, surpassing the Zacks Schools industry, Consumer Discretionary sector, and S&P 500 Index [7] - The stock is trading at a discount compared to industry peers on a forward 12-month P/E ratio basis, making it an attractive entry point for investors [12] - Technical indicators show LRN trading above both the 50-day and 200-day SMAs, signaling a bullish trend [19] Operational Efficiency and Capital Allocation - Stride focuses on balanced capital allocation, utilizing free cash flow for business growth and shareholder returns [18] - The company is leveraging organic growth and acquisitions to establish itself as a leader in the virtual education market [10] - Continuous investments in technology and innovation are driving enrollment growth and enhancing product offerings [17] Challenges and Cost Pressures - Increased instructional costs and services rose to $335.2 million in Q1 FY2025, up from $307.3 million year-over-year, potentially hindering performance [5] - Inflationary pressures and delays in software development products may impact the Adult Learning segment's revenue growth [14] - Despite cost challenges, the company remains focused on operational efficiency to sustain growth [22]

RESTON, Va., Jan. 08, 2025 (GLOBE NEWSWIRE) -- Tallo has launched a scholarship search tool as part of its comprehensive career development platform, helping students overcome financial barriers while they build skills and explore careers. Key features of the tool include: Nationwide scholarship databaseLocation and career goal-based filteringSaved opportunity trackingApplication deadline managementIntegration with career planning tools The new tool addresses a critical need in today's education landscape ...

FAYETTEVILLE, Ga., Dec. 18, 2024 (GLOBE NEWSWIRE) -- MedCerts and New Hope Training Programs LLC are excited to announce an impactful partnership to make healthcare education more accessible, affordable and inclusive. Together, they aim to create opportunities for students, especially bilingual learners, to earn industry-recognized certifications that will open doors to meaningful careers. This initiative also addresses critical language barriers in healthcare.   Approximately 22% of U.S. residents speak a ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even ...

Reston, VA, Dec. 11, 2024 (GLOBE NEWSWIRE) -- K12, a leader in online K–12 education for over 25 years, is proud to announce the nationwide launch of K12 Tutoring, a personalized, online tutoring service designed to help students excel academically. This new offering underscores K12’s ongoing commitment to delivering innovative, tailored educational solutions that inspire learning and empower students to reach their full potential. With the demand for online tutoring surging by 200% since the pandemic, fami ...

Core Insights - MedCerts has partnered with Nurturing Minds Training Center to offer a self-paced online Medical Coding and Billing Professional program aimed at addressing workforce shortages in healthcare [1][2][4] - The demand for trained medical coders and billers is expected to grow by 7% through 2031, highlighting the need for accessible education in this field [2] - The program is designed for convenience, allowing students to balance their education with work and family commitments while gaining skills necessary for certification exams [3][5] Company Overview - MedCerts is a national online training provider focused on strengthening the workforce through innovative eLearning solutions, particularly in high-demand areas of Allied healthcare and IT [7][8] - Since its inception, MedCerts has developed over 50 career programs and trained more than 100,000 individuals, partnering with over 400 American Job Centers and more than 1,000 healthcare organizations [8] - Nurturing Minds Training Center emphasizes hands-on, comprehensive education, having trained over 500 students since 2021 and providing financial assistance options [6]

Core Insights - Stride, Inc. has been recognized as the Company of the Year by the 2024 BIG Awards for Business, highlighting its commitment to accessible and personalized virtual learning experiences [1][2] - The company has over 25 years of experience in the EdTech industry, providing comprehensive online learning solutions for learners of all ages [3] - Stride's K12-powered schools offer personalized education with a robust K–12 online curriculum, state-certified teachers, and immersive experiences [3] - Stride Career Prep focuses on project-based learning and real-world experiences to equip high school students with critical thinking and collaboration skills [4] - For adult learners, Stride offers career development programs such as Galvanize, Tech Elevator, and MedCerts, promoting lifelong learning and career transformation [4] - This award adds to Stride's accolades, including being named "Best EdTech Company" and "Remote Learning Solution Provider of the Year" [5] Company Overview - Stride, Inc. (NYSE: LRN) is redefining lifelong learning with innovative education solutions across primary, secondary, and postsecondary settings [7] - The company serves learners in all 50 states and over 100 countries, offering a wide range of services including K-12 education, career learning, and professional skills training [7] About the Award - The BIG Awards for Business, hosted by the Business Intelligence Group, recognizes companies and leaders that significantly impact their industries and set new standards for success [2][8]

Stride, Inc. (LRN) , a leading provider of online education programs, has witnessed a meteoric rise in its stock price, surging 57.3% in the past month, outperforming the Zacks Schools industry’s 1.1% growth. The broader Consumer Discretionary sector rose 5.9% and the S&P 500 grew 1.5% in the same time frame.The company continues to experience strong demand, particularly in its Career Learning segment, contributing significantly to the overall revenue and enrollment growth. The company has been capitalizing ...

NEW YORK, Nov. 09, 2024 (GLOBE NEWSWIRE) -- Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of Stride, Inc. (NYSE: LRN) resulting from allegations that Stride may have issued materially misleading business information to the investing public. So What: If you purchased Stride securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. The Ro ...