LRN Q3 Deep Dive: Platform Upgrades Weigh on Guidance Despite Enrollment Gains
Update: 2025-10-29
Description
Stride's Q3 results show a 13% revenue increase and profits surpassing expectations, but investors are disappointed due to a lower-than-expected outlook for the next quarter. The company's focus on technology upgrades has led to enrollment issues, causing a stock price drop. Stride's management is now prioritizing tech fixes and slowing down enrollment growth to improve program quality and future prospects.
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