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Jun 30, 2022
Stride Q4 2022 Earnings Report
Record full year revenue and profitability reported and Career Learning revenue grew more than 60%.
Key Takeaways
Stride, Inc. reported strong Q4 results with revenue increasing by 14.5% and net income increasing by 167.7% compared to the same period last year. The company's Career Learning segment continued to drive growth.
Revenue of $455.2 million, compared with $397.5 million.
Income from operations of $46.1 million, compared with $21.4 million.
Net income of $28.1 million, compared with $10.5 million.
Diluted net income per share of $0.66, compared with $0.25.
Stride
Stride
Stride Revenue by Segment
Revenue by Segment
General Education Revenue
CapyFin.comCareer Learning (Middle/High School) Revenue
CapyFin.com Forward Guidance
The Company will provide an outlook for fiscal year 2023 when it reports results for the first quarter fiscal year 2023, currently anticipated to be released in October 2022. No separate guidance communication, or enrollment counts, for fiscal 2023 will be provided before that time.
Revenue & Expenses
Visualization of income flow from segment revenue to net income