Stride Fiscal Q3 Net Income, Revenue Rise; Ups Outlook

MT Newswires Live
04-30

Stride (LRN) reported a fiscal Q3 net income late Tuesday of $2.02 per diluted share, up from $1.60 a year ago.

Analysts polled by FactSet expected $2.05.

Revenue for the quarter ended March 31 was $613.4 million, up from $520.8 million a year earlier.

Analysts surveyed by FactSet expected $590.1 million.

The education company raised its fiscal year 2025 revenue outlook to between $2.37 billion and $2.39 billion from the previous guidance of $2.32 billion and $2.36 billion. Analysts expected about $2.34 billion.

Shares of Stride were up over 2% in after-hours activity.

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