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Stock Market & Financial Investment News

News Breaks
January 10, 2013
06:02 EDTLRNK12 appoints Nathaniel Davis to Executive Chairman of the board
Davis will continue in his capacity as Chairman of the Board and will assume his expanded responsibilities effective immediately.
News For LRN From The Last 14 Days
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October 10, 2014
07:14 EDTLRNJackson Square reports 14.77% passive stake in K12
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October 9, 2014
13:08 EDTLRNK12 downgraded to Market Perform from Outperform at Barrington
Barrington downgraded K12 to Market Perform citing weak Q1 enrollment and guidance, and lack of near-term catalysts.
07:07 EDTLRNK12 awarded contract to be curriculum provider for Agora Cyber Charter School
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07:06 EDTLRNK12 sees FY15 enrollments down 3.1% to 124,563
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07:05 EDTLRNK12 sees FY15 revenue $925M-$950M, consensus $944.22M
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07:04 EDTLRNK12 sees Q1 revenue $230M-$240M, consensus $235.74M
Sees operating loss of $11M-$16M, compared to an operating loss of $8.5M in the 1Q14. Operating losses in the first quarter relate to the seasonality of SG&A costs at the beginning of every school year, which includes enrollment center and promotional expenses.

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