K12: Fiscal Q2 Earnings Snapshot
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RESTON, Va. (AP) — RESTON, Va. (AP) — K12 Inc. (LRN) on Tuesday reported fiscal second-quarter net income of $66.8 million.
The Reston, Virginia-based company said it had net income of $1.54 per share.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.34 per share.
The online education company posted revenue of $504.9 million in the period, also beating Street forecasts. Three analysts surveyed by Zacks expected $503.8 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on LRN at https://www.zacks.com/ap/LRN
