secwatch.observer — SEC 8-K summary
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Issuer:     Stride, Inc. (LRN)
CIK:        0001157408
Form:       8-K
Filed at:   2022-10-25T23:59:59+00:00
Accession:  0001157523-22-001384
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Stride Q1 revenue up 6.2% to $425.2M; net loss widens to $22.7M
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- Revenue $425.2M (+6.2% YoY) on Career Learning enrollment strength and Adult Learning growth.
- Net loss $22.7M ($0.54 diluted loss) vs $5.9M loss ($0.15 loss) a year ago; operating loss $28.7M.
- Adjusted EBITDA $3.0M, down from $25.5M, due to earlier hiring, inflationary costs, and new product investments.
- Company guides to seventh straight year of revenue growth (no specific range provided in release).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1157408/000115752322001384/0001157523-22-001384-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1157408/000115752322001384/a52951655.htm
  HTML page:      https://secwatch.observer/filing/0001157523-22-001384

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