Stride Inc (LRN) News & EventsLRNStride Inc

Treasury Yields Retreat as Netflix Falls Over 5%

Treasury yields retreated across the curve on Tuesday as weak U.S. housing data dented the perception of resilient economic growth.  Rate-sensitive and defensive areas of the market outperformed, with Healthcare and REITS seen as the best-performing sectors in the benchmark S&P 500.   Communication Services - the worst sector in the S&P - struggled, as Meta Platformsextended its three-day decline as Muse-enfused sugar-high continued to wear off, with the stock now down 10% from last week's high.The earnings season shifted into a higher gear, with more high-profile names outside of the financial sector reporting results.   Netflixwas down over 5% despite an earnings beat, as the company reduced its FY26 outlook for overall revenue and ad sales.  SpaceXsoared however after broadly beating estimates and also indicating that the company has formed a strategic committee to consider a merger with Tesla.In the opening hour of the evening session S&P e-minis are up 0.2% and Nasdaq 100 futures are up 0.7%.  In commodities, WTI crude oil is back above $98 a barrel after dipping to $95 following an unconfirmed report from Qatari newspaper Al-Araby Al-Jadeed that Qatar and Pakistan presented a mediation proposal that addresses the demands of the U.S. and Iran.Check out this evening's top movers from around Wall Street, compiled by The Fly.HIGHER AFTER EARNINGS -Space Exploration Technologiesup 7.2%Capital One Financialup 5.7%ALSO HIGHER -Super Micro Computerup 15.9% after Q1 pre-announcementDOWN AFTER EARNINGS -Intuitive Surgicaldown 6.9%Netflixdown 5.9%Pegasystemsdown 4.9%Stridedown 2.2%United Airlinesdown 1.0%ALSO LOWER -Alpha Teknovadown 22.2% after equity offering

Company Expands FY26 Capital Expenditures View to $75M-$80M

Consensus $2.57B. Expands FY26 capital expenditures view to $70M-$80M $75M-$80M.

Stride Reports Q1 Revenue of $639.38M, Beating Expectations

Reports Q1 revenue $639.38M, consensus $615.73M. The company said, "First quarter enrollments averaged 241.4K, down (2.5)% compared to 247.7K enrollments in the first quarter of fiscal year 2026. Of the total enrollments, 112.2K were Career Learning enrollments, up 2.0% compared to 110.0K Career Learning enrollments in the first quarter of fiscal 2026. Enrollments include those students in full service public or private programs where Stride provides a combination of curriculum, technology, and instructional and support services, inclusive of administrative support and may include enrollments for which Stride receives no public funding or revenue. Stride does not report enrollments for our Adult Learning business. Revenue per enrollment for the first quarter was $2,556, up 7.0% compared to $2,388 in the first quarter of fiscal year 2026. General Education revenue per enrollment was $2,670, up 5.0%, and Career Learning revenue per enrollment was $2,425, up 10.4%, compared to fiscal year 2026. If the mix of enrollments changes, our revenues will be impacted to the extent the average revenues per enrollment are significantly different."