Stride

Stride, Inc. is a technology-based educational company, which engages in the provision of proprietary and third-party curriculum, software systems and educational services. It also offers online curriculum and career services to middle and high school students, under the Destinations Career Academy brand name. The company was founded by Ronald J. Packard in 2000 and is headquartered in Reston, VA.

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LRN reports resilient Q1 performance, focuses on innovation and teacher support

LRN's Q1 performance showcased resilience in the face of enrollment challenges, with in-year demand outpacing the prior year. The company's focus on innovation and teacher support has yielded positive results, while challenges in the K-12 education sector and operational hiring issues have been acknowledged. The upcoming Analyst Day presents an opportunity for stakeholders to gain deeper insights into LRN's future plans.

Stride (LRN) achieves record enrollment growth and raises guidance

Stride (LRN) excelled in Q2 2023 with record enrollment growth, strong financial results, and strategic expansion plans. Challenges include managing capacity and improving yield metrics, while opportunities exist in market share gains and revenue optimization.

Stride Inc reports robust Q3 results and eyes education innovation

Stride Inc's Q3 performance reflects solid financial growth, enrollment expansion, and strategic investments in virtual education and career platforms.
The company's strengths lie in addressing teacher shortages effectively, offering unique benefits to educators, and running successful pilots for innovative products.
While facing challenges in managing expenses and competition, Stride has opportunities to leverage its teacher capacity, innovate further, and capture market growth potential.

Stride (LRN) reports record revenue and profitability, eyes sustainable growth

Stride (LRN) delivered strong financial results with record revenue and profitability, showcasing resilience and strategic foresight.
The company's focus on AI-driven personalized learning and commitment to sustainable growth through margin targets position it well for the future.
While facing challenges such as inflation and competition, Stride remains poised to leverage opportunities for revenue growth and operational enhancement.

Stride (LRN) posts record revenue and profitability amidst education reform

Stride (LRN) delivered impressive Q1 2024 results, marked by record revenue and profitability. The company's focus on virtual education aligns with the shifting education landscape and bipartisan efforts to enhance school choice. While facing challenges in a competitive market, Stride remains well-positioned to capitalize on opportunities for growth.

Stride (LRN) reports record enrollments and revenue growth in Q2 2024

Stride's Q2 2024 performance reflects robust growth, driven by record enrollments and revenue exceeding expectations. The company's strategic focus on career learning and tutoring products is yielding positive results, with opportunities identified for expansion and improvement.

Stride (LRN) reports record revenue and enrollment growth in Q3

Stride (LRN) delivered a strong performance in Q3 2024, surpassing revenue expectations and demonstrating operational efficiency.
The company's focus on customer choice and skills training aligns with market trends, driving enrollment growth and financial strength.
While facing challenges in a competitive landscape, Stride remains well-positioned to capitalize on opportunities for growth and market expansion.
Overall, Stride's Q3 earnings call highlights its resilience, strategic focus, and potential for sustained success in the education sector.

Stride (LRN) reports record-breaking year with strong financial performance

Stride's Q4 performance reflects a resilient business model with strong financial metrics and operational achievements.
While facing challenges such as rising expenses, the company's strategic strengths and growth opportunities position it well for the future.
By leveraging its current strengths, addressing challenges, and capitalizing on opportunities, Stride is poised for continued success and growth.

Stride (LRN) reports robust Q1 earnings, eyes growth opportunities

Stride (LRN) delivered a solid performance in Q1 FY '25, driven by customer choice, record enrollments, and strong demand. While facing challenges in revenue per student impact and ESSER funding dynamics, the company remains confident in meeting long-term targets and sees opportunities for growth through organic expansion and market exploration.

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MINNEAPOLIS--(BUSINESS WIRE)---- $LRN #FirstDay--As children across the state prepare to head back to school, many students could benefit from the alternative education offered by online tuition-free public schools tailored to their needs, and Insight School of Minnesota (Insight), iQ Academy Minnesota (iQMN) and Minnesota Virtual Academy (MNVA) are ready to welcome them. Enrollment for the three virtual public schools — powered by Stride K12 and led by licensed Minnesota teachers — is now open for students locat.

Tuition-Free Virtual Public Schools Ready to Welcome Minnesota Students Back to School

Stride's (LRN) fiscal fourth-quarter 2023 results reflect growth in Career Learning enrollment demand as well as revenue per enrollment.

Stride (LRN) Q4 Earnings & Revenues Top Estimates, Shares Up

MANISTEE, Mich.--(BUSINESS WIRE)---- $LRN #Choice--As children across the state prepare to head back to school, many students could benefit from the alternative education offered by online tuition-free public schools tailored to their needs, and Highpoint Virtual Academy of Michigan (HVAM), Insight School of Michigan (ISMI), Michigan Great Lakes Virtual Academy (MGLVA) and Michigan Virtual Charter Academy (MVCA) are ready to welcome them. Enrollment for the four virtual public schools — powered by Stride K12 an.

Tuition-Free Virtual Public Schools Ready to Welcome Michigan Students Back to School

TOLEDO, Ohio--(BUSINESS WIRE)---- $LRN #22Plus--As children across the state prepare to head back to school, many students could benefit from the alternative education offered by online tuition-free public schools tailored to their needs, and Ohio Virtual Academy (OHVA) and Ohio Digital Learning School (ODLS) are ready to welcome them. Enrollment for the virtual public schools — powered by Stride K12 and led by Ohio-certified teachers — is now open for students located anywhere in the state. Ohio's K12 online s.

Tuition-Free Virtual Public Schools Ready to Welcome Ohio Students Back to School

Stride, Inc. (NYSE:LRN ) Q4 2023 Earnings Conference Call August 15, 2023 5:00 PM ET Company Participants Timothy Casey - VP of IR James Rhyu - CEO Donna Blackman - CFO Conference Call Participants Jeff Silber - BMO Capital Markets Greg Parrish - Morgan Stanley Stephen Sheldon - William Blair Operator Ladies and gentlemen, thank you for standing by, and welcome to the Stride, Inc. Fourth Quarter Fiscal 2023 Earnings Call. [Operator Instructions] Tim Casey, Vice President of Investor Relations, you may begin your conference.

Stride, Inc. (LRN) Q4 2023 Earnings Call Transcript

Agilent Technologies

Cava Group, Inc.

Disney

The Walt Disney Company (NYSE:DIS) is being sued by Hollywood financer TSG Entertainment for allegedly withholding millions of dollars worth of film profits.  The suit, filed Tuesday in Los Angeles Superior Court, accuses Disney and 20th Century Fox of breaching contract by withholding as much as $40 million in profits and signing side agreements to boost its own streaming platform and share price, according to reports.

The Afterhours: Disney sued for withholding profits; Cava, Agilent and Stride report earnings

Stride Inc. LRN on Tuesday posted profits and revenue above analysts' expectations, vaulting its stock more than 9% in after-hours trading. The online-education company reported net income of $43.4 million, or $1.01 a share, for its fiscal fourth quarter, up from $28.1 million, or 66 cents a share, a year earlier.

Stride's stock jumps 9% on enrollment growth

RESTON, Va.--(BUSINESS WIRE)--As part of its commitment to delivering an interactive, standards-aligned curriculum for K–12 students, Stride, Inc. (NYSE: LRN) is now offering more content options that feature music from award-winning producers, singers, and rappers. Through a unique partnership with Doggyland—a 3D animated series created by world renowned superstar, songwriter, producer, and rapper Snoop Dogg—Stride has curated collections of video content, interactive lessons, and practice act.

Stride, Inc. and Doggyland Content Partnership Uses Power of Music to Enrich the Learning Experience

RESTON, Va.--(BUSINESS WIRE)--Stride, Inc. (NYSE: LRN), one of the nation's leading technology-based education companies, today announced the results from its fourth fiscal quarter and full fiscal year ended June 30, 2023. Fiscal 2023 Highlights Compared to 2022 Revenue of $1,837.4 million, compared with $1,686.7 million, driven by in-year enrollment strength and increases in revenue per enrollment. Income from operations of $165.5 million, compared with $156.6 million. Net income of $126.9 mil.

Stride Reports Record Revenue and Earnings

OKLAHOMA CITY--(BUSINESS WIRE)---- $LRN #Accreditation--Oklahoma Virtual Charter Academy (OVCA) announced today it has earned a second system accreditation by Cognia™, a nonprofit organization that provides quality assurance for schools, school districts, and education service providers. OVCA is a full-time, tuition-free public charter school that first earned the accreditation in 2018. Cognia, formerly AdvancED, nationally recognizes school districts that meet rigorous standards for productive learning environments,.

Oklahoma Virtual Charter Academy Earns Second Prestigious Cognia System Accreditation

RICHMOND, Va.--(BUSINESS WIRE)-- #StrideLearn--MedCerts, the innovation leader in online career training in allied health and information technology and a subsidiary of Stride, Inc. (NYSE: LRN), an education company that provides online and blended education programs, announced a new partnership with Virginia Commonwealth University (VCU) that will add high-demand programs to VCU's course offerings. VCU will now offer 23 new programs from the MedCerts catalog, including Medical Assistant, Medical Coding and B.

Virginia Commonwealth University to Offer 23 New Programs with MedCerts Partnership

LOS ANGELES--(BUSINESS WIRE)---- $LRN #CAVA--(LRN)-- The California Virtual Academies (CAVA) today announced that 86% of its Transitional Kindergarten students have re-enrolled in its virtual school this year for Kindergarten. CAVA's Transitional Kindergarten, which uses the award-winning Embark program, and prepares students academically and socially for the upcoming school year. Created by developmental psychologists and academics, Embark is a cutting-edge, national award-winning, Pre-K, Transitional-K, and.

The California Virtual Academies Kindergarten Prep Program Helps the Youngest Students Get Ahead of the Game

RESTON, Va.--(BUSINESS WIRE)---- $LRN #CareerCenter--(Stride/LRN) – With school starting this month in many places, most families are ill-prepared to help their students take those next steps towards college or careers. According to a recent poll by You Science, “most high school graduates (75%) do not feel prepared to make college or career decisions after graduation.” K12's new College Prep Center aims to combat this lack of readiness head-on by empowering students with a wide range of online tools and guidance in.

With the New School Year About to Begin, 75% of High School Students Feel Unprepared to Make College or Next Step Decisions. It's Time to Change That.

RESTON, Va.--(BUSINESS WIRE)--Stride Inc. (NYSE: LRN) announced today it plans to discuss its fourth quarter and full fiscal year 2023 financial results during a conference call scheduled for Tuesday, August 15, 2023 at 5:00 p.m. eastern time (ET). A live webcast of the call will be available at https://events.q4inc.com/attendee/973677329. To participate in the live call, investors and analysts should dial (888) 210-2831 (domestic) or 1 (289) 514-2968 (international) and provide the conference.

Stride Inc. Announces Date for Fiscal Year 2023 Earnings Call

MANISTEE, Mich.--(BUSINESS WIRE)---- $LRN #HVAM--Two Michigan-based full-time, tuition-free, virtual public schools — Highpoint Virtual Academy of Michigan (HVAM) and Michigan Great Lakes Virtual Academy (MGLVA) — have launched a two-year transitional kindergarten prep program that introduces young students to core subjects through engaging and interactive online lessons. Enrollment for the program is now open for children turning five years old by December 1, 2023. “The first years of school are a critical f.

Michigan-based Virtual Schools Introduce New Kindergarten Prep Program for Young Learners

OKLAHOMA CITY--(BUSINESS WIRE)---- $LRN #ClimateChange--For the second year in a row, Oklahoma Virtual Charter Academy (OVCA) senior and Oklahoma City resident Kairi Cheverie placed second in Stride's annual Innovation Challenge. The competition encourages students nationwide to think of ways to make a meaningful impact on our planet's most urgent environmental issues. Nearly 170 students from more than 60 schools were invited to develop original concepts addressing climate change or land, ocean and freshwater conserv.

Oklahoma Virtual Charter Academy Senior Places Second in National Innovation Challenge

LITTLE ROCK, Ark.--(BUSINESS WIRE)---- $LRN #20years--Arkansas Virtual Academy (ARVA), a tuition-free, online K-12 public charter school providing personalized education, opened its new 24,450-square-foot education hub in downtown Little Rock today. The new education center will provide space for in-person student activities, testing and training and will serve as the school's statewide headquarters. The site opens as Arkansas Virtual Academy enters its 20th year in the state and continues to grow as a school of.

Arkansas Virtual Academy Opens New Education Hub in Little Rock

Stride Inc is a leading education technology company providing online learning solutions primarily for students up to K-12. The e-learning industry is experiencing rapid growth, with the global market expected to exceed $680B by 2030. Stride's enrollment, revenue, and profitability have been steadily increasing, with strong cash flow and a strong balance sheet position.

Stride Inc.: An Educated Growth Choice

CLOVERPORT, Ky.--(BUSINESS WIRE)---- $LRN #Choice--Kentucky Virtual Academy, a program of Cloverport Independent School District, will officially open its virtual doors for the Fall 2023 semester. The new school will open Aug. 9, providing a flexible learning model dedicated to inspiring and empowering Kentucky students through personalized, at-home learning with state-certified teachers. The school is open to all Kentucky residents in grades K-11 regardless of their location; and like other public schools, is.

New Kentucky Virtual Academy Opens as Part of the Cloverport Independent School District

COLUMBIA, S.C.--(BUSINESS WIRE)---- $LRN #CarolusAcademy--Carolus Online Academy (COA), a virtual charter school committed to providing students across South Carolina with opportunities for college and career readiness, is now welcoming families to apply for the 2023-2024 school year. Initially enrolling students in kindergarten to eighth grade, the tuition-free, online public school will expand to include grades K through 12 for the 2024-2025 academic year. With a combination of engaging curriculum, caring teachers, a.

Introducing Carolus Online Academy: Empowering South Carolina Students to Achieve Their Goals Through Proven College and Career Readiness

OKLAHOMA CITY--(BUSINESS WIRE)---- $LRN #FirstGrade--Oklahoma Virtual Charter Academy (OVCA) is actively enrolling students for a new Transitional First (T-1) program launching in August. The personalized program is designed to address the needs of students who are not ready to move forward with the tasks and speed required by first grade curriculum and have been recommended for kindergarten retention. “Rather than just having students repeat kindergarten, our T-1 program bolsters needed kindergarten skills while e.

Oklahoma Virtual Charter Academy Offers Option to Better Prepare Students for First Grade

MANISTEE, Mich.--(BUSINESS WIRE)---- $LRN #Award--A group of students at Michigan Great Lakes Virtual Academy (MGLVA) — a full-time, tuition-free, online public school for grades K-12 — have been named first-place prize winners in the national Lead4Change Challenge, earning a $10,000 award for their charity of choice, Zaman International. In May, four students from MGLVA — also known as team ENHANCE — submitted their project for the national Lead4Change Challenge, which allows student teams to submit a service.

Michigan Great Lakes Virtual Academy Students Win $10,000 Award in Lead4Change Challenge

RESTON, Va.--(BUSINESS WIRE)-- #BTS--After a nationwide call to action for students to think big and create meaningful solutions for climate change, 17 change-making students were selected for the K12 Innovation Challenge final, taking place on July 20. The annual K12 Innovation Challenge encourages students to solve pressing environmental issues and design actionable plans that positively impact the future of the planet. Stride, Inc. (NYSE: LRN), a leader in education for over 20 years, seeks to igni.

K12 Innovation Challenge Finalists Tackle Climate Change with Innovative Solutions

TACOMA, Wash.--(BUSINESS WIRE)---- $LRN #BigTractors--The International Union of Operating Engineers Local 612 and Washington Virtual Academies (WAVA) have partnered with its charter, the Omak School District, and school districts across the state, to offer the new Operating Engineers Career Pathway Program to high school students. This program gives students the opportunity to enroll in online elective courses that are designed to introduce them to the heavy equipment industry. Students also may have the opportunit.

Heavy Equipment Classes Now Available to Washington Online Schoolers

RESTON, Va.--(BUSINESS WIRE)--Stride, Inc. (NYSE: LRN) is pleased to announce that Dr. Sherri Johnson Wilson, DNP, MPA, RN, CDP® has been selected as a Fellow of the American Academy of Nursing. Dr. Wilson serves as the Director of Partnership Development for Stride, Inc. With a dynamic career that spans more than two decades, Dr. Wilson brings a wealth of experience in healthcare to the Academy. She has served in various leadership roles to improve health equity at the intersection of educatio.

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