secwatch.observer — SEC 8-K summary
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Issuer:     Stride, Inc. (LRN)
CIK:        0001157408
Form:       8-K
Filed at:   2023-10-24T23:59:59+00:00
Accession:  0001157523-23-001530
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Stride Q1 FY2024 revenue $480.2M (+12.9% YoY); net income $4.9M vs $22.7M loss
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- Record Q1 revenue of $480.2M, up 12.9% from $425.2M; driven by General Education and Career Learning enrollment strength.
- GAAP net income of $4.9M ($0.11 diluted EPS) vs net loss of $22.7M ($0.54 loss per share) in prior year.
- Income from operations of $3.3M, compared to loss from operations of $28.7M; adjusted operating income $14.8M vs loss of $19.9M.
- Adjusted EBITDA of $39.8M, a significant increase from $3.0M in Q1 FY2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1157408/000115752323001530/0001157523-23-001530-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1157408/000115752323001530/a53669740.htm
  HTML page:      https://secwatch.observer/filing/0001157523-23-001530

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