RESTON, Va. (AP) — RESTON, Va. (AP) — K12 Inc. (LRN) on Tuesday reported fiscal second-quarter earnings of $96.4 million.
The Reston, Virginia-based company said it had net income of $2.03 per share.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.97 per share.
The online education company posted revenue of $587.2 million in the period, which also beat Street forecasts. Three analysts surveyed by Zacks expected $571.8 million.
For the current quarter ending in March, K12 said it expects revenue in the range of $585 million to $600 million.
The company expects full-year revenue in the range of $2.32 billion to $2.36 billion.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LRN at https://www.zacks.com/ap/LRN
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