Stride stock jumps 9% on record Q4 results

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Revenue grew 6.2% year-over-year to $483.49 million, beating the consensus estimate of $460.6 million. Revenue for the full 2023 year came in at $1.837 billion, up 8.9% year-over-year, driven by in-year enrollment strength and increases in revenue per enrollment.

The company intends to provide its outlook for 2024 alongside its Q1/24 earnings announcement in October.