K12, Inc. (LRN) Tops Q1 EPS by 15c, Revenue Misses

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K12 Inc. Reports First Quarter Fiscal 2018 with Revenue of $228.8 Million

October 26, 2017 4:30 PM EDT

Enrollments for Managed Public Schools increase 2.4%

HERNDON, Va.--(BUSINESS WIRE)-- K12 Inc. (NYSE: LRN), a technology-based education company and leading provider of online curriculum and online school programs for students in pre-K through high school, today announced its results for the first fiscal quarter ended September 30, 2017.

Financial Highlights for the Three Months Ended September 30, 2017 (First Quarter Fiscal Year 2018)

Revenues of $228.8 million, compared to revenues of $229.1 million in the first quarter of FY 2017. Loss from operations of $17.8 million, compared to loss... More