Stride rises after upbeat Q2 results

Shares of edutech firm Stride LRN.N up 31.5% at $95.25 after the bell

Co's Q2 revenue rises 7.5% YoY to $631.3 million vs analysts' avg. estimate of $627.9 million — data compiled by LSEG

Q2 enrollments up 7.8%; revenue per enrollment up 1.8%

Q2 adjusted earnings per share of $2.50 beats estimates of $2.08 apiece

Co expects annual adjusted operating income of $485 million to $505 million, up from $475 million to $500 million

For Q3, LRN expects revenue between $615 million and $645 million vs estimates of $613.6 million

LRN sees adjusted operating income in the range of $130 million to $140 million for Q3

Stock fell 37.5% in 2025