Stride (NYSE:LRN) Exceeds Q1 Expectations, Stock Soars
Online education Stride (NYSE:LRN) reported Q1 CY2025 results topping the market’s revenue expectations, with sales up 17.8% year on year to $613.4 million. The company’s full-year revenue guidance of $2.38 billion at the midpoint came in 1.6% above analysts’ estimates. Its GAAP profit of $2.02 per share was 0.7% above analysts’ consensus estimates.