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4-Traders Homepage  >  Equities  >  Nyse  >  K12 Inc.    LRN

Delayed Quote. Delayed  - 07/26 03:55:53 pm
12.99 USD   +0.78%
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K12 INC : K12 Inc. Fourth Quarter 2011 Earnings Release Date and Conference Call Details

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08/29/2011 | 11:30pm CEST

K12 Inc. (NYSE: LRN) announced today it plans to release fourth quarter and full year 2011 financial results after the close of the market on Tuesday, September 13, 2011. The Company plans to host a conference call to discuss the results at 8:30 a.m. eastern time (ET) on Wednesday, September 14, 2011.

A live webcast of the call will be available at www.K12.com through the investor relations link. To participate in the live call, investors and analysts should dial 866.356.3377 (domestic) or 617.597.5392 (international) at 8:20 a.m. (ET). The participant passcode is 37833441.

A replay of the call will be available for seven days at 888-286-8010 (domestic) or 617-801-6888 (international) passcode 25763805. It will also be archived at www.K12.com in the investor relations section for 60 days.

About K12 Inc.

K12 Inc. (NYSE: LRN), a technology-based education company, is the largest provider of proprietary curriculum and online education programs for students in kindergarten through high school in the U.S. K12 provides its curriculum and academic services to public and private online schools, traditional classrooms, blended school programs, and directly to families. K12 also operates the K12 International AcademyTM, an accredited, diploma-granting online private school.

Founded in 2000, K12 has provided over 2 million courses - core subjects, AP®, world languages, credit recovery, and electives - to more than 200,000 students worldwide. Over 90 percent of parents surveyed are satisfied with the K12 program and agree that their children have benefited academically with K12. Students graduating from K12 virtual schools have been accepted to hundreds of higher education institutions including many of the nation's top-ranked colleges and universities.

In April 2010, K12 joined with Middlebury College to form a new venture called Middlebury Interactive Languages to create and distribute innovative online language courses for pre-college students. In July 2010, K12 acquired KC Distance Learning, Inc., a nationally recognized leader in online learning with brands that provide high quality education products and online school solutions: Aventa LearningTM, The KeystoneTM School and iQ Academies®. In November, K12 acquired American Education Corporation, a leading provider of instructional and assessment software for kindergarten through adult learners. In the same month, K12 also announced a strategic investment to acquire a minority interest in Web International English, a leader in English language training for thousands of students in China.

K12 is accredited through AdvancED, the world's largest education community. More information on K12 can be found at: www.K12.com

K12 Inc.
Investor Contact:
Keith Haas
SVP, Finance and Investor Relations
703-483-7077
khaas@k12.com
or
Press Contact:
Jeff Kwitowski
VP, Public Relations
703-483-7281
jkwitowski@k12.com


© Business Wire 2011
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Financials ($)
Sales 2016 861 M
EBIT 2016 20,5 M
Net income 2016 15,0 M
Debt 2016 193 M
Yield 2016 -
P/E ratio 2016 34,37
P/E ratio 2017 28,02
EV / Sales 2016 0,81x
EV / Sales 2017 0,84x
Capitalization 504 M
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Mean consensus HOLD
Number of Analysts 3
Average target price 13,5 $
Spread / Average Target 4,7%
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NameTitle
Stuart J. Udell Chief Executive Officer & Director
Nathaniel A. Davis Executive Chairman
Joseph P. Zarella Executive Vice President-Business Operations
James Jeaho Rhyu Chief Financial Officer & Executive Vice President
Jayaram Balachander CTO, Senior VP-Software Product Development
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