Record Enrollment Growth
Stride, Inc. posted record enrollments, copying 230,000 students, marking the third consecutive year of enrollment growth.
Increased Revenue and Profitability
Reported revenue of $587.2 million, an increase of 16% from the previous year, and adjusted operating income of $135.6 million, up 43% from last year.
Strong Performance in Career Learning
Career learning revenue grew 29% to $213.1 million driven by enrollment growth of 30.9% year-over-year.
Raised Revenue and Profit Guidance
Full-year revenue guidance increased to $2.320 billion to $2.355 billion, up from the previous estimate, with adjusted operating income guidance between $430 million and $450 million.