Stride, Inc. Raises Financial Guidance for the Full Year Ending June 30, 2021
April 20, 2021 at 04:30 pm EDT
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Stride, Inc. raised financial guidance for the full year ending June 30, 2021. For the full fiscal year 2021, the company now expects revenue in the range of $1.525 billion to $1.530 billion. Income from operations expected to be $102.5 million to $103.5 million.
Stride, Inc. is an education services company providing virtual and blended learning. It provides tech-enabled education solutions, curriculums, and programs directly to students, schools, the military, and enterprises in primary, secondary and postsecondary settings. It offers K-12 education for students, schools, and districts, including career learning services through middle and high school curriculums. For adult learners, it delivers professional skills training in healthcare and technology, as well as staffing and talent development. Its technology-based products and services enable its clients to attract, enroll, educate, track progress and support students. Its solutions address two markets: General Education and Career Learning. For both the General Education and Career Learning markets, it offers school-as-a-service offering, which includes an integrated package of curriculum, technology systems, instruction, and support services that it administer on behalf of its customers.