Shares of Stride LRN increased in after-market trading after the company reported Q3 results.
Quarterly Results
Earnings per share were up 159.09% over the past year to $0.57, which beat the estimate of $0.47.
Revenue of $392,145,000 rose by 52.49% from the same period last year, which beat the estimate of $380,940,000.
Looking Ahead
Stride hasn't issued any earnings guidance for the time being.
Revenue guidance hasn't been issued by the company for now.
Conference Call Details
Date: Apr 20, 2021
Time: 05:00 PM
Price Action
52-week high: $52.84
52-week low: $20.39
Price action over last quarter: Up 22.68%
Company Overview
Stride Inc is an American online educational company. The company offers alternative programs to traditional on-campus schooling. It also operates state-funded virtual charter schools around the United States. The educational programs for K-12 students are usually monitored by parents and provide virtual classroom environments where teachers meet with students online, by phone, or in-person. The company's contractual agreements with various school districts to offer its curriculum programs provide a majority of the company's revenue. The company lines of business are Managed Public School Programs, Institutional, and Private Pay Schools and Other.
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