Stride Inc. (NYSE: LRN) experienced a significant surge of 14.58% during the after-hours session, following the release of its second-quarter fiscal 2026 financial results.

The education technology company reported quarterly adjusted earnings per share of $2.50, which surpassed analyst expectations of $2.08 by 20.02%. Revenue for the quarter reached $631.261 million, also exceeding the consensus estimate of $627.935 million. This performance represents a 23.15% increase in EPS and a 7.50% increase in sales compared to the same period last year.

Key drivers behind the strong results include a 24.5% growth in Total Career Learning revenue, fueled by a 29.3% rise in the Middle-High School segment. The company also noted that its core platform issues have stabilized with ongoing enhancements. Additionally, Stride provided positive forward guidance, forecasting full-year revenue between $2.48 billion and $2.555 billion and expecting third-quarter revenue in the range of $615 million to $645 million.