Earnings Results: Stride stock soars as results blow past expectations on enrollment growth for career learning

This post was originally published on this site

Shares of Stride Inc. soared after hours on Tuesday after the online-education company beat Wall Street’s expectations for second-quarter sales and profit as it saw growth in enrollment powered by career-related learning.

Stride LRN also raised its full-year outlook, and its forecasts for both the third quarter and the fiscal year exceeded analysts’ expectations.

The…