HERNDON, Va. (AP) _ K12 Inc. (LRN) on Tuesday reported fiscal third-quarter profit of $23.8 million.

On a per-share basis, the Herndon, Virginia-based company said it had net income of 57 cents.

The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 47 cents per share.

The online education company posted revenue of $392.1 million in the period.

K12 expects full-year revenue of $1.53 billion.

K12 shares have climbed 44% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $30.51, a climb of 29% in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LRN at https://www.zacks.com/ap/LRN

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