Stride Inc. (NYSE: LRN) experienced a significant surge of 34.70% in after-hours trading, 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. Revenue for the quarter reached $631.3 million, also exceeding the consensus estimate of $627.9 million. Key performance drivers included a 7.8% year-over-year increase in enrollments and a 1.8% rise in revenue per enrollment.

The company's strong results were fueled by a 24.5% growth in Total Career Learning revenue, with the Middle-High School segment rising 29.3%. Stride also provided positive forward guidance, forecasting third-quarter revenue between $615 million and $645 million and affirming its full-year revenue outlook of $2.48 billion to $2.555 billion.