Stride's Fiscal Q4 Earnings, Revenue Increase; Shares Rise After Hours
Stride (LRN) reported fiscal Q4 diluted net income late Tuesday of $1.01 per diluted share, up from $0.66 a year earlier.
Three analysts polled by Capital IQ expected $0.87 per share.
Revenue for the quarter ended June 30 was $483.5 million, up from $455.2 million a year earlier.
Three analysts surveyed by Capital IQ expected $460.7 million.
The company said it will provide fiscal 2024 guidance when it releases fiscal Q1 results in October.
Shares of Stride rose 9% in recent after-hours activity.
Price: 41.75, Change: +3.46, Percent Change: +9.04
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