Stride Inc. (NYSE: LRN), an education technology company, saw its stock price surge 6.14% in after-hours trading on Tuesday, following the release of its impressive second-quarter fiscal 2025 earnings results and an encouraging revenue guidance for the upcoming third quarter.
The company reported Q2 adjusted earnings per share (EPS) of $2.03, surpassing the consensus estimate of $1.95. Its adjusted operating income of $135.6 million and adjusted EBITDA of $160.4 million also exceeded analyst expectations. Additionally, Stride's Q2 revenue of $587.2 million topped estimates, reflecting a 16.31% year-over-year increase.
Furthermore, Stride provided a positive outlook for the third quarter, guiding for revenue in the range of $585 million to $600 million, above the FactSet analyst consensus of $572 million. This upbeat guidance, combined with the strong Q2 performance, fueled investor confidence, driving the after-hours stock price surge.
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