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Stock impact report

K12 Inc. Reports Third Quarter Fiscal 2020 with Revenues of $257.2 Million

Stride, Inc. (LRN) 
Last stride, inc. earnings: 4/27 04:30 pm Check Earnings Report
US:NYSE Investor Relations: investors.k12.com
Company Research Source: Business Wire
Results Beat Company Guidance and Analyst Consensus HERNDON, Va.--(BUSINESS WIRE)--K12 Inc. (NYSE: LRN), one of the nation’s leading tech-enabled education companies, today announced its results for the third fiscal quarter ended March 31, 2020.Financial Highlights for the Three Months Ended March 31, 2020 (Third Quarter Fiscal Year 2020)Revenues of $257.2 million, compared to revenues of $253.3 million in the third quarter of FY 2019.Income from operations of $14.5 million, compared to $23.3 million in the third quarter of FY 2019.Net income attributable to common stockholders of $8.8 million, compared to $18.5 million in the third quarter of FY 2019.Diluted net income attributable to common stockholders per share of $0.22, compared to $0.44 per share in the third quarter of FY 2019.To supplement our financial statements presented in accordance with U.S. generally accepted accounting principles (GAAP), we are also presenting adjusted operating income and adjusted EBITDA. Managemen Show less Read more
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