Stride reported better-than-expected Q3 earnings, with revenue up 10.7% and EPS at $1.60.

Stride stock rose after the company reported better-than-expected third-quarter earnings results, with revenue increasing 10.7% to $520.8m and adjusted EBITDA rising 16% to $120.5m. Enrollment trends continued to improve, with general education up 8.7% to 124.6 million and career learning up 9.8% to 73.8 million. Stride's earnings per share (EPS) increased 23% to $1.60, beating expectations at $1.43.

April 23, 2024
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