Stride Inc. (LRN) Tops Q4 EPS by 9c

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Stride Accelerates Expansion into Career Learning, Posts Career Learning Revenue of Over $250 Million

August 10, 2021 4:30 PM EDT

Full Year Company Revenue Of $1.54 Billion Results Exceed Guidance for Revenue and Profitability

HERNDON, Va.--(BUSINESS WIRE)-- Stride, Inc. (NYSE: LRN), one of the nations leading technology-based education companies, today announced its results for the fourth fiscal quarter and full fiscal year ended June 30, 2021.

Financial Highlights Year End 2021 Compared to 2020

Revenue of $1,536.8 million, compared with $1,040.8 million, driven by increased demand across all Stride product lines. Income from operations of $110.5 million, compared with $32.5 million, reflecting improved operating leverage. Net income of $71.5 million, compared with $24.5... More