Stride (LRN) reported a fiscal Q2 net income late Tuesday of $2.03 per diluted share, up from $1.54 a year ago.

Analysts polled by FactSet expected $1.95.

Revenue for the quarter ended Dec. 31 was $587.2 million, up from $504.9 million a year earlier.

Four analysts surveyed by FactSet expected $569.7 million.

The education company said it expects fiscal Q3 revenue of $585 million to $600 million. Four analysts surveyed by FactSet expect $572.2 million.

Stride raised its fiscal year 2025 revenue outlook to between $2.32 billion and $2.36 billion from the previous guidance of $2.23 billion to $2.30 billion. Analysts polled by FactSet expect nearly $2.29 billion.

Shares of Stride were up 4.6% in after-hours activity.

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