Workflow
career learning
icon
Search documents
Stride Achieves Another Record Year
Globenewswire· 2025-08-05 20:15
Core Insights - Stride, Inc. reported strong financial performance for the fiscal year 2025, with revenues increasing by 17.9% to $2.405 billion compared to $2.040 billion in fiscal year 2024 [4][10][11] - The company experienced significant growth in adjusted operating income, which rose by 58.6% to $466.2 million, and adjusted EBITDA increased by 46.1% to $571.0 million [4][7][10] - Enrollment figures also showed positive trends, with full-year enrollments averaging 234,000, up 20.4% from 194,300 in fiscal year 2024, and Career Learning enrollments increasing by 32.5% [11][12] Financial Performance - Total revenues for the fourth quarter of fiscal 2025 were $653.6 million, a 22.4% increase from $534.2 million in the same quarter of fiscal 2024 [9][10] - Net income for the full fiscal year was $287.9 million, up 41.0% from $204.2 million in fiscal year 2024, with diluted net income per share increasing by 26.9% to $5.95 [4][7][10] - The company incurred one-time charges of $59.5 million related to impairment expenses for its Galvanize business, which were excluded from adjusted financial metrics [3][4] Enrollment and Revenue Metrics - Revenue per enrollment for the fourth quarter was $2,630, reflecting a 2.4% increase compared to $2,569 in the fourth quarter of fiscal 2024 [14] - For the full fiscal year 2025, revenue per enrollment was $9,677, a slight increase of 0.6% from $9,623 in fiscal year 2024 [15] - The company reported that Career Learning revenue per enrollment increased by 8.1% to $2,479 in the fourth quarter [14] Cash Flow and Capital Allocation - As of June 30, 2025, Stride's cash and cash equivalents totaled $1.011 billion, up from $714.2 million a year earlier [16] - Capital expenditures for the fiscal year were $60.0 million, slightly down from $61.6 million in fiscal year 2024 [16] Business Overview - Stride, Inc. is focused on redefining lifelong learning through innovative education solutions, serving learners across various educational levels and locations [19] - The company operates in all 50 states and over 100 countries, providing a range of services including K-12 education and career learning [19]
Stride, Inc. Signs Multi-District Agreements to Operate K12-Powered Online School in New Mexico
Globenewswire· 2025-08-04 20:30
Core Insights - Stride, Inc. has partnered with Chama Valley Independent Schools and Santa Rosa Consolidated Schools to operate the Destinations Career Academy of New Mexico (NMDCA) starting in the fall of 2025, with over 3,000 students already enrolled for the 2025–2026 school year [1][2][3] Company Overview - Stride, Inc. is focused on redefining lifelong learning through innovative education solutions, serving learners in primary, secondary, and postsecondary settings across all 50 states and over 100 countries [4] - NMDCA is an online public school program that combines academic excellence with career-readiness pathways and dual-credit opportunities for K–12 students statewide [5] Partnership Impact - The partnership is seen as a strategic move to expand educational access and innovation in rural communities, creating new opportunities for students and positioning the districts as forward-thinking hubs for learning [2][3] - The collaboration aims to meet the evolving needs of students by providing high-quality virtual education options [2][3] Enrollment Information - Enrollment for the 2025–2026 school year is currently open, with families encouraged to learn more and begin the application process through the NMDCA website [3]
Stride Announces Date for Fourth Quarter Fiscal Year 2025 Earnings Call
GlobeNewswire News Room· 2025-07-22 21:00
Core Viewpoint - Stride Inc. is set to discuss its fourth quarter and full fiscal year 2025 financial results in an upcoming conference call scheduled for August 5, 2025 [1] Group 1: Conference Call Details - The conference call will take place at 5:00 p.m. eastern time (ET) [1] - Investors can access a live webcast of the call at investors.stridelearning.com/events-and-presentations [2] - Participants can join the call by dialing (800) 715-9871 for domestic calls or +1 (646) 307-1963 for international calls, using conference ID number 8901384 [2] Group 2: Company Overview - Stride Inc. is focused on redefining lifelong learning through innovative and high-quality education solutions [3] - The company serves learners across primary, secondary, and postsecondary settings, offering a variety 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]
American Public Education Announces Upcoming Conference Participation
Prnewswire· 2025-05-29 20:05
Company Overview - American Public Education, Inc. (Nasdaq: APEI) operates a portfolio of education companies that provide online and campus-based postsecondary education and career learning to over 125,000 students through four subsidiary institutions [1][2] - The institutions under APEI include American Public University System, Rasmussen University, Hondros College of Nursing, and Graduate School USA, focusing on transforming lives, advancing careers, and improving communities [2] Subsidiary Institutions - American Public University System (APUS) serves approximately 88,000 adult learners worldwide, primarily focusing on active-duty military and veteran students [3][8] - Rasmussen University, with a history of 125 years, serves around 14,600 students across 20 campuses in six states and online, offering programs in nursing, health sciences, business, technology, design, early childhood education, and justice studies [4] - Hondros College of Nursing is the largest educator of Practical Nursing (LPN) nurses in Ohio, serving approximately 3,700 students across eight campuses [5][8] - Graduate School USA provides training to the federal workforce, offering customized contract training to federal agencies and open enrollment programs for government professionals [6] Accreditation - APUS and Rasmussen University are accredited by the Higher Learning Commission (HLC), while Hondros College is accredited by the Accrediting Bureau of Health Education Schools (ABHES) and Graduate School USA is accredited by the Accrediting Council for Continuing Education & Training (ACCET) [7] Upcoming Events - The company will participate in the William Blair's 45th Annual Growth Stock Conference from June 3-5, 2025, in Chicago, IL, with CEO Angela Selden presenting on June 5th [9] - APEI will also attend the D.A. Davidson 1st Annual Technology + Consumer Conference from June 9-11, 2025, in Nashville, TN, where both CEO Angela Selden and CFO Rick Sunderland will be available for meetings with investors [9]
Strong Demand Delivers Another Record Quarter for Stride
Globenewswire· 2025-04-29 20:15
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 Revenue of $613.4 million, compared with $520.8 million.Income from operations of $130.8 million, compared with $88.3 million.Net income of $99.3 million, compared with $69.7 million.Diluted net income per share of $2.02, compared ...