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AI brief of an SEC Form 8-K · Stride (LRN)

Stride Full-Year Revenue Rises 11% to $2.04 Billion; Diluted EPS Up 58%

Positive Impact 3 of 5 earnings Written later

Stride reported fiscal 2024 results for the year ended June 30, 2024, with revenue of $2,040.1 million, up 11.0%, and diluted earnings per share of $4.69, up from $2.97. Fourth-quarter revenue was $534.2 million, up 10.5%, and diluted EPS was $1.42 versus $1.01. The company said it will provide its fiscal 2025 outlook with first-quarter results, expected in October 2024.

Key points

  • Fiscal 2024 net income was $204.2 million, up 60.9% from $126.9 million, and income from operations was $249.6 million, up 50.8%.
  • Fourth-quarter net income was $62.8 million, up 44.8% from $43.4 million.
  • Cash and cash equivalents and marketable securities totaled $714.2 million at June 30, 2024, compared with $545.5 million a year earlier.
  • No fiscal 2025 guidance or enrollment counts will be given before the first-quarter release, anticipated in October 2024.

The filing

CompanyStride (LRN)
Form8-K, current report
Filed with the SECAug 6, 2024, 4:15 PM ET
Accession number0001171843-24-004487

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:49 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 06, 2024.

Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.