Stride, Inc. Updates Financial Guidance for the Third Quarter and Full Year of Fiscal 2021
January 27, 2021 at 03:00 am IST
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Stride, Inc. updated financial guidance for the third quarter and full fiscal year of 2021. For the full fiscal year 2021, revenue in the range of $1.500 billion to $1.525 billion.
For the third quarter of fiscal 2021, revenue in the range of $375 million to $385 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.