secwatch.observer — SEC 8-K summary
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Issuer:     Stride, Inc. (LRN)
CIK:        0001157408
Form:       8-K
Filed at:   2021-10-19T23:59:59+00:00
Accession:  0001157523-21-001222
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Stride Q1 FY2022 revenue up 7.9% to $400.2M; swings to operating loss of $7.0M
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- Revenue $400.2M vs $371.0M YoY; driven by higher revenue per enrollment and Career Learning growth.
- Loss from operations $7.0M vs income $12.1M; return to normal seasonality in upfront expenses.
- Diluted net loss per share $0.15 vs diluted net income per share $0.30.
- Adjusted EBITDA $25.5M vs $39.2M; adjusted operating income $4.5M vs $23.0M.
- Guides to revenue and profitability growth for FY2022, fueled by Career Learning demand.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1157408/000115752321001222/0001157523-21-001222-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1157408/000115752321001222/a52511113.htm
  HTML page:      https://secwatch.observer/filing/0001157523-21-001222

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer