FONT-SIZE Plus   Neg

K12 Q3 Profit Rises - Quick Facts

K12, Inc. (LRN) reported net income to common and Series A stockholders of $7 million or $0.18 per share for third quarter versus $5.6 million or $0.16 per share last year.

Revenues for the quarter improved to $178.18 million from $130.29 million in the comparable quarter a year ago.

Analysts polled by Thomson Reuters expected the company to earn $0.21 per share on revenues of $166.03 million for the quarter. Analysts' estimates typically exclude special items.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Volkswagen Australia Wednesday confirmed that more than 91 thousand vehicles sold in Australia were fitted with emission cheating software. Volkswagen brand alone comes to 77,000 cars and 14,000 cars are Audis. In what could be a delectable offering, something is cooking in the brewing industry. Belgian brewer Anheuser-Busch Inbev, which in itself is an outcome of many mergers in the past, has made advances to U.K.'s SABMiller. If AB InBev succeeds in its pursuit, the heady combination of the two could create one of the world's largest brewers. Large U.S. companies are holding trillions of dollars overseas in an effort to avoid U.S. taxes, with big-name firms like Apple (AAPL), Pfizer (PFE) and PepsiCo (PEP) named as notable examples. This is the claim made by a pair of non-profit groups, who released a study based on the firms' financial statements.
comments powered by Disqus
Follow RTT