Stride Inc (NYSE:LRN)., a prominent player in the tech-education landscape, has outlined its financial goals for fiscal year 2028, showcasing confidence in its growth and market expansion strategies. During an Investor Day event held today in Reston, VA, CEO James Rhyu presented the company's long-term plan, which includes significant revenue and earnings projections.
The education technology firm aims to achieve revenues ranging from $2.7 billion to $3.3 billion by FY2028, with adjusted operating income anticipated to be between $415 million and $585 million. Furthermore, Stride projects its earnings per share (EPS) will be in the range of $6.15 to $8.35.
Rhyu expressed optimism about the company's trajectory, highlighting Stride's commitment to innovation and its ability to enter new markets to reach more students. He emphasized the potential for increased shareholder value driven by the company's sustained growth and ability to leverage its business model effectively.
Stride Inc.'s diverse offerings include career learning services, professional skills training in sectors such as healthcare and technology, and staffing solutions for Fortune 500 companies. The company also provides military education services and middle school curriculums. Its comprehensive educational services cater to a wide range of learners, from children in primary school settings to adult learners in postsecondary environments.
Serving clients across all 50 states and over 100 countries, Stride Inc. is known for revolutionizing K–12 education through its tech-enabled solutions that address the needs of students, schools, military personnel, and enterprises.
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