Stride, Inc. Reports Earnings Results for the Second Quarter Ended December 31, 2020
January 26, 2021 at 04:30 pm EST
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Stride, Inc. announced earnings results for the second quarter ended December 31, 2020. For the second quarter, the company announced sales was USD 376.145 million compared to USD 257.559 million a year ago. Operating income was USD 38.452 million compared to USD 30.305 million a year ago. Net income was USD 24.501 million compared to USD 20.594 million a year ago. Basic earnings per share from continuing operations was USD 0.61 compared to USD 0.52 a year ago. Diluted earnings per share from continuing operations was USD 0.6 compared to USD 0.52 a year ago. For the half year, sales was USD 747.105 million compared to USD 514.680 million a year ago. Operating income was USD 50.516 million compared to USD 10.917 million a year ago. Net income was USD 37.167 million compared to USD 10.864 million a year ago. Basic earnings per share from continuing operations was USD 0.93 compared to USD 0.28 a year ago. Diluted earnings per share from continuing operations was USD 0.89 compared to USD 0.27 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. 
