K12 Inc. Provides Earnings Guidance for the Third Quarter of Fiscal Year 2020; Revises Financial Guidance for the Full Year of Fiscal Year 2020
January 27, 2020 at 04:30 pm
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K12 Inc. provided earnings guidance for the third quarter and revised financial guidance for the full year of fiscal year 2020. For the full year of fiscal year 2020, the company expects revenue in the range of $1,033.0 million to $1,040.0 million compared to previous outlook in the range of $1,020.0 million to $1,035.0 million.
For the third quarter of fiscal year 2020, the company expects revenue in the range of $252.0 million to $255.0 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.