Stride, Inc. Reports Earnings Results for the First Quarter Ended September 30, 2023
October 24, 2023 at 04:16 pm EDT
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Stride, Inc. reported earnings results for the first quarter ended September 30, 2023. For the first quarter, the company reported sales was USD 480.18 million compared to USD 425.15 million a year ago. Net income was USD 4.88 million compared to net loss of USD 22.67 million a year ago.
Basic earnings per share from continuing operations was USD 0.11 compared to basic loss per share from continuing operations of USD 0.54 a year ago. Diluted earnings per share from continuing operations was USD 0.11 compared to diluted loss per share from continuing operations of USD 0.54 a year ago.
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. 
