Stride shares jump on upbeat FY forecast

Stride

25/10/2023 14:00

** Stride shares  LRN.N  up 12.9% at $50.30 premarket after
online education provider provides upbeat FY outlook  
    ** Company sees 2024 revenue in the range of $1.96 bln-$2.03
bln vs est $1.94 bln - LSEG
    ** Company also reports record Q1 revenue of $480.2 mln,
driven by higher enrollment in general education and career
learning
    ** Stock up 42.3% YTD

 (Reporting by Sruthi Shankar in Bengaluru)
 ((sruthi.shankar@thomsonreuters.com))