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Stride, Inc.
Stride, Inc. announced the resignation of CEO James Rhyu and the appointment of Robert E. Knowling, Jr. as the new CEO, effective July 29, 2026. As of September 30, 2026, the company reported cash and cash equivalents of $547.75 million and 42,031,838 shares of common stock outstanding.…more
Stride, Inc.
Stride, Inc. reported its financial results for the first quarter of fiscal year 2027, with revenue of $639.4 million and net income of $64.9 million. While revenue increased by 3.0% compared to the same period last year, net income decreased by 5.6%, resulting in a diluted EPS of $1.45.…more
Stride, Inc.
Stride, Inc. has entered into a cooperation agreement with major shareholder Fivespan Partners, confirming the appointment of Dylan Haggart and Steven Guttentag to its Board of Directors. The company also established a new Capital Allocation Committee to review its capital structure, with plans to announce a clear framework for future cash flow allocation within the next three months.…more
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Stride Reports Fiscal 2027 Q1 Financial Results
Stride's Q1 revenue grew 3% year-over-year, but adjusted earnings per share declined to $1.37 from $1.52 in the prior year. Given the mixed results with revenue growth alongside a decline in adjusted profitability, the outlook remains neutral.…more
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Stride projects fiscal year 2027 revenue to be between $2.53 billion and $2.61 billion. This guidance aligns closely with the analyst consensus estimate of $2.569 billion.…more
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Stride announced the appointment of two new board members and the formation of a Capital Allocation Committee to review its capital structure. The company plans to solicit shareholder input and announce a formal capital allocation framework within the next three months.…more
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