Stride posts record Q3 FY2024: revenue $520.8M (+10.7% YoY), EPS $1.60 (+23.1%)

Stride, Inc.

2024-Q3 EPS reported $3.26 revenue$1,505,886,000

Revenue of $520.8M, up 10.7% YoY from $470.3M, driven by strong enrollment trends.
Net income $69.7M (+25.6% YoY); diluted EPS $1.60 vs $1.30.
Adjusted EBITDA $120.5M, up 16.0% YoY from $103.9M.
Income from operations $88.3M, up 22.3% YoY; adjusted operating income $96.4M.
Third consecutive record quarter for the company.

item 2.02 item 9.01

Key facts

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Earnings Releases SEC 8-K Item 2.02 confidence 0.98

Stride, Inc. reported third fiscal quarter ended March 31, 2024 results: revenue $520.8 million, net income $69.7 million, EPS $1.60.

Period: third fiscal quarter ended March 31, 2024
Revenue: $520.8 million
Net income: $69.7 million
EPS: $1.60
Result: reported results

Exact text from the filing

education companies, today announced its results for the third fiscal quarter ended March 31, 2024. Third Quarter Fiscal 2024 Highlights Compared to 2023 Revenue of $520.8 million, compared with $470.3 million, driven by continued strong enrollment trends. Income from operations of $88.3 million, compared with $72.2 million. Net income of $69.7 million,

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Source: SEC EDGAR

accession 0001171843-24-002147

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