Stride, Inc. Provides Earnings Guidance for the Third Quarter and Full Fiscal Year 2022
January 25, 2022 at 04:30 pm EST
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Stride, Inc. provided earnings guidance for the third quarter and full fiscal year 2022. For the quarter, the company expects revenue to be range of $405 million to $415 million. The company expects income from operations to be in the range of $50.7 million to $54.7 million for the Three Months Ended March 31, 2022.
For the year, the company expects revenue to be range of $1.62 billion to $1.64 billion. The company expects income from operations to be in the range of $142.0 million to $150.0 million Year Ended June 30, 2022.
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.