WILMINGTON, DE., Oct. 23, 2024 (GLOBE NEWSWIRE) -- Tech Elevator, a leading technology training provider helping individuals and companies gain in-demand skills for the modern workforce, is pleased to announce an extension of its grant opportunity with Tech Impact to cover the total tuition cost of 10 Delaware residents for its November 2024 National Live Remote coding bootcamp.  Tech Elevator, a Stride, Inc. company (NYSE: LRN), is part of Tech Impact’s Tech Hire Delaware initiative, which aims to make it ...

WOODBINE, IA., Oct. 23, 2024 (GLOBE NEWSWIRE) -- IGNITE Pathways announced today a new partnership with MedCerts, a leader in online career training programs. This collaboration is set to provide adult learners with access to industry-recognized certifications in healthcare, IT and other high-demand fields, enhancing IGNITE’s mission to deliver career-focused education. Fitting with IGNITE Pathways’ goal of equipping adult learners with the practical skills and certifications needed to thrive in today’s com ...

K12 (LRN) came out with quarterly earnings of $0.94 per share, beating the Zacks Consensus Estimate of $0.20 per share. This compares to earnings of $0.11 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 370%. A quarter ago, it was expected that this online education company would post earnings of $1.30 per share when it actually produced earnings of $1.42, delivering a surprise of 9.23%.Over the last four quarters, the company ...

Investors can contact the law firm at no cost to learn more about recovering their losses LOS ANGELES, Oct. 22, 2024 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Stride, Inc. (“Stride” or “the Company”) (NYSE: LRN) investors that the firm has initiated an investigation into possible securities fraud and may file a class action on behalf of investors. Stride investors that lost money on their investment are encouraged to contact Lesley Portnoy, Esq. Investors are encouraged to contact attorney Lesley F. ...

财务数据和关键指标变化 - 第一季度收入为5.511亿美元，同比增长15% [7] - 调整后的营业收入为5840万美元，同比增长295% [11] - 稀释每股收益为0.94美元，同比增长0.83美元 [11] - 毛利率为39.2%，同比上升320个基点 [9] 各条业务线数据和关键指标变化 - 职业学习中学和高中收入为1.989亿美元，同比增长超过30% [8] - 职业学习的注册人数增长30.4%，达到91,700人 [8] - 普通教育收入增长10%，达到3.294亿美元，注册人数增长11.3%，达到130,900人 [8] - 成人学习收入为2280万美元，同比下降 [9] 各个市场数据和关键指标变化 - 第一季度总注册人数超过222,000人，较疫情前的2020财年增加近100,000人 [7] - 预计全年的每注册收入将持平或略有下降，受到州资金和时机的影响 [8][31] 公司战略和发展方向和行业竞争 - 公司致力于提供教育选择，强调客户需求的重要性 [4] - 计划在未来25年内继续扩展产品和服务，以满足更多学生的需求 [5] - 公司在市场营销和注册方面的执行力显示出可持续增长的能力 [8] 管理层对经营环境和未来前景的评论 - 管理层对未来的展望乐观，认为公司已为强劲的需求做好准备 [19] - 管理层强调教育不应成为政治问题，而应关注客户需求 [15] - 预计2025财年的指导显示出持续的需求和增长潜力 [12] 其他重要信息 - 资本支出为1480万美元，同比下降130万美元 [11] - 自由现金流为负1.568亿美元，预计未来三个季度将实现正现金流 [11] 问答环节所有提问和回答 问题: 强劲的需求驱动了创纪录的注册人数，能否分享一些驱动因素 - 管理层表示，需求是广泛的，主要来自于口碑和有机需求的增长 [13] 问题: ESSER资金的影响 - 管理层指出，去年ESSER资金对收入的影响不到3%，对利润的影响不显著 [18] 问题: 未来是否会有学校关闭或风险 - 管理层表示，当前没有重大项目关闭的风险，未来仍有机会增加项目 [20] 问题: 职业学习的增长驱动因素 - 管理层认为，职业学习的增长反映了某些年级的强劲需求 [40] 问题: 对新州扩展的看法 - 管理层表示，任何州的扩展都是一个多年的努力，未来会继续探索新州的机会 [41]

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业绩总结 - 总注册人数达到222.6K，同比增长18.5%[10] - Q1财报收入为551.1百万美元，同比增长15%[8] - 调整后的营业收入为58.4百万美元，同比增长295%[8] - 调整后的EBITDA为83.9百万美元，同比增长111%[8] - 一般教育收入为329.4百万美元，同比增长10.1%[9] - 职业学习总收入为221.7百万美元，同比增长22.6%[9] - 2023年9月30日的运营收入为3.3百万美元，较2022年9月30日的亏损28.7百万美元有显著改善[20] - 2023年9月30日的调整后运营收入为14.8百万美元，相较于2022年9月30日的亏损19.9百万美元，显示出积极的增长趋势[20] - 2024年三个月的运营收入为47.3百万美元，显示出公司在收入方面的持续增长[21] 未来展望 - 预计FY25收入在22.25亿至23亿美元之间，同比增长11%[12] - FY25调整后的营业收入预计在3.95亿至4.25亿美元之间，同比增长39%[12] - 公司在FY2028目标中，预计总收入将达到33亿美元，年均增长率为20%[17] - 2024年12月31日的调整后运营收入预计在115.0百万美元至125.0百万美元之间，显示出未来的增长潜力[22] - 2025年6月30日的调整后运营收入预计在395.0百万美元至425.0百万美元之间，表明公司对未来业绩的乐观预期[22] 现金流与负债 - 截至2024年9月30日，现金及现金等价物为539.4百万美元，负债比率为0.43x[13] - 2024年三个月的自由现金流为负156.8百万美元，较2023年9月30日的负151.4百万美元有所增加[21] 成本与费用 - 2023年9月30日的股权激励费用为8.5百万美元，较2022年9月30日的5.5百万美元有所上升[20] - 2023年9月30日的无形资产摊销费用为3.0百万美元，较2022年9月30日的3.3百万美元略有下降[20] - 2024年三个月的资本化软件开发成本为8.8百万美元，较2023年9月30日的10.0百万美元有所减少[21] - 2024年三个月的资本化课程开发成本为5.3百万美元，较2023年9月30日的4.4百万美元有所上升[21]

EXHIBIT 99.1 Strong Demand Drives Record Enrollment Enrollments Grow 18% RESTON, Va., Oct. 22, 2024 (GLOBE NEWSWIRE) -- Stride, Inc. (NYSE: LRN), one of the nation's most successful technology-based education companies, today announced its results for the first fiscal quarter ended September 30, 2024. First Quarter Fiscal 2025 Highlights Compared to 2024 Revenue of $551.1 million, compared with $480.2 million. Income from operations of $47.3 million, compared with $3.3 million. Net income of $40.9 million, ...

RESTON, Va., Oct. 22, 2024 (GLOBE NEWSWIRE) -- Stride, Inc. (NYSE: LRN), one of the nation’s most successful technology-based education companies, today announced its results for the first fiscal quarter ended September 30, 2024. First Quarter Fiscal 2025 Highlights Compared to 2024 Revenue of $551.1 million, compared with $480.2 million.Income from operations of $47.3 million, compared with $3.3 million.Net income of $40.9 million, compared with $4.9 million.Diluted net income per share of $0.94, compared ...

BOSTON, Oct. 22, 2024 (GLOBE NEWSWIRE) -- Block & Leviton is investigating Stride, Inc. (NYSE: LRN) for potential securities law violations. Investors who have lost money in their Stride, Inc. investment should contact the firm to learn more about how they might recover those losses. For more details, visit https://blockleviton.com/cases/lrn. What is this all about? Shares of Stride fell 5% on October 16, 2024, after a report from Fuzzy Panda Research alleged that Stride has been inflating its earnings by m ...