Stride (LRN) reports FY2021 revenue $1.54B (+47.7% YoY), EPS $1.71, exceeds guidance

Stride, Inc.

2021-FY EPS reported $1.71 revenue$1,536,760,000

Revenue $1,536.8M up 47.7% YoY; net income $71.5M vs $24.5M.
Diluted EPS $1.71 vs $0.60; adjusted EBITDA $239.9M vs $128.2M.
Career learning revenue exceeded $250M as company expands into career learning.
Results exceeded guidance for revenue and profitability.
Operating income $110.5M up 240.3% from $32.5M.

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