Earnings ·
Stride reports Q1 FY27 revenue of $639.4M and diluted EPS of $1.45
LRNStride, Inc.
Stride, Inc. announced first quarter fiscal year 2027 results ending September 30, 2026. Revenue increased 3.0% to $639.4 million from $620.9 million in the prior-year period, driven by a 12.7% rise in Career Learning revenue. Diluted net income per share rose to $1.45 from $1.40, while net income declined slightly to $64.9 million from $68.8 million. Adjusted EBITDA grew 3.1% to $111.8 million. The company provided full-year fiscal 2027 revenue guidance of $2.53 billion to $2.61 billion and adjusted operating income guidance of $500 million to $530 million. Stride, Inc. is a technology-based education company providing K-12 virtual schooling and career learning solutions.