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Stock Market & Financial Investment News

News Breaks
February 5, 2013
06:04 EDTLRNK12 sees FY13 revenue $840M-$860M, consensus $847.67M
Sees FY13 EBITDA $107M-$115M; Sees FY13 operating income $45M-$50M; Sees FY13 CapEx $50M-$55M
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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