Stride Inc. Files 8-K on Operations & Financial Condition
Ticker: LRN · Form: 8-K · Filed: 2024-01-23T00:00:00.000Z
Sentiment: neutral
Topics: financial-condition, results-of-operations, 8-K, corporate-filing
TL;DR
**Stride Inc. just dropped an 8-K with fresh financial results, so check their numbers.**
AI Summary
Stride, Inc. filed an 8-K on January 23, 2024, to report on its results of operations and financial condition. This filing also included financial statements and exhibits. For investors, this matters because it provides updated financial information, which is crucial for assessing the company's current performance and future prospects, especially given its listing on the New York Stock Exchange (NYSE) under the ticker LRN.
Why It Matters
This filing provides investors with the latest financial health update for Stride, Inc., allowing them to make informed decisions about buying, holding, or selling the stock.
Risk Assessment
Risk Level: low — This 8-K is a routine disclosure of financial information, not indicating any immediate new risks or significant changes.
Analyst Insight
A smart investor would review the detailed financial statements and exhibits mentioned in this 8-K to understand the specific results of operations and financial condition, as this filing only indicates the *type* of information being disclosed, not the actual numbers.
Key Players & Entities
- Stride, Inc. (company) — the registrant filing the 8-K
- January 23, 2024 (date) — date of earliest event reported and filing date
- 001-33883 (other) — Commission File Number for Stride, Inc.
- LRN (other) — trading symbol for Stride, Inc. on the NYSE
- New York Stock Exchange (other) — exchange where Stride, Inc. common stock is registered
FAQ
What is the primary purpose of Stride, Inc.'s 8-K filing dated January 23, 2024?
The primary purpose of Stride, Inc.'s 8-K filing on January 23, 2024, is to report on its 'Results of Operations and Financial Condition' and to include 'Financial Statements and Exhibits' as per the 'ITEM INFORMATION' section of the filing.
What is the ticker symbol and the exchange where Stride, Inc.'s common stock is registered?
Stride, Inc.'s common stock is registered under the trading symbol 'LRN' on the 'New York Stock Exchange (NYSE)', as stated in the 'Securities registered pursuant to Section 12(b) of the Act' section.
What was the former name of Stride, Inc. and when did the name change occur?
The former name of Stride, Inc. was 'K12 INC', and the date of the name change was '20010813' (August 13, 2001), according to the 'FORMER COMPANY' section.
Where is Stride, Inc.'s principal executive office located?
Stride, Inc.'s principal executive office is located at '11720 Plaza America Drive, 9th Floor, Reston, Virginia 20190', as detailed in the 'BUSINESS ADDRESS' section.
Is Stride, Inc. considered an emerging growth company according to this filing?
The filing includes checkboxes for various provisions, but the section 'Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933' does not have a checked box, implying it is not indicating itself as an emerging growth company in this specific filing.
Filing Stats: 523 words · 2 min read · ~2 pages · Grade level 10.4 · Accepted 2024-01-23 16:15:44
Key Financial Figures
- $0.0001 — ange on which registered Common Stock, $0.0001 par value per share LRN New York St
Filing Documents
- a53886753.htm (8-K) — 31KB
- a53886753ex99_1.htm (EX-99.1) — 484KB
- 0001157523-24-000096.txt ( ) — 677KB
- lrn-20240123.xsd (EX-101.SCH) — 4KB
- lrn-20240123_lab.xml (EX-101.LAB) — 22KB
- lrn-20240123_pre.xml (EX-101.PRE) — 16KB
- a53886753_htm.xml (XML) — 4KB
02 Results of Operations and Financial Condition
Item 2.02 Results of Operations and Financial Condition. On January 23, 2024, Stride, Inc. (the "Company") issued a press release announcing its financial results for the second fiscal quarter ended December 31, 2023. A copy of the Company's press release is furnished herewith as Exhibit 99.1. The information contained in this Item 2.02, including Exhibit 99.1, is being furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that Section. The information in this Item 2.02, including Exhibit 99.1, shall not be deemed incorporated by reference into any filing under the Securities Act of 1933, as amended (the "Securities Act"), or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit No. Description 99.1 Press Release regarding financial results for the quarter ended December 31, 2023
Signatures
Signatures Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Stride, Inc. Date: January 23, 2024 By: /s/ Vincent W. Mathis Name: Vincent W. Mathis Title: Executive Vice President, General Counsel and Secretary