Friday, K12 Inc. (LRN) said its second-quarter net income rose to $9.6 million from $3.5 million in the prior year period. Net income attributable to common stockholders per share for the quarter grew to $0.32 from $0.12 in the year-ago period. On average, 8 analysts polled by Thomson Reuters expected the company to report earnings of $0.15 per share for the quarter.
Revenues for the quarter increased 20.1% to $93.2 million from $77.6 million in the comparable period. Six analysts estimated revenues of $95.11 million for the quarter.
The company said it reaffirming its full year 2010 net income of $14.6 million - $17.1 million and revenues of around $380 million - $390 million. Nine analysts estimate earnings of $0.56 per share and seven analysts estimate revenues of $384.55 million for fiscal 2010.
For comments and feedback contact: editorial@rttnews.com
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.