Stride, Inc. Provides Earnings Guidance for the Second Quarter, Fourth Quarter and Full Year of Fiscal Year 2023
October 25, 2022 at 04:30 pm EDT
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Stride, Inc. provided earnings guidance for the second quarter, fourth quarter and full year of fiscal year 2023. For the second quarter, the company expects revenue in the range of $435.0 million to $465.0 million.
For the full year, the company expects revenue in the range of $1.71 billion to $1.79 billion and income from operations in the range of $127.5 million to $151.5 million.
For the fourth quarter, the company expects income from operations in the range of $62.0 million to $70.5 million.
Stride, Inc. is an education services company providing virtual and blended learning. It provides tech-enabled education solutions, curriculums, and programs directly to students, schools, the military, and enterprises in primary, secondary and postsecondary settings. It offers K-12 education for students, schools, and districts, including career learning services through middle and high school curriculums. For adult learners, it delivers professional skills training in healthcare and technology, as well as staffing and talent development. Its technology-based products and services enable its clients to attract, enroll, educate, track progress and support students. Its solutions address two markets: General Education and Career Learning. For both the General Education and Career Learning markets, it offers school-as-a-service offering, which includes an integrated package of curriculum, technology systems, instruction, and support services that it administer on behalf of its customers.
STRIDE, INC. 
