K12: Fiscal Q4 Earnings Snapshot
HERNDON, Va. (AP) _ K12 Inc. (LRN) on Tuesday reported fiscal fourth-quarter earnings of $28.1 million.
The Herndon, Virginia-based company said it had net income of 66 cents per share.
The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 63 cents per share.
The online education company posted revenue of $455.2 million in the period, also beating Street forecasts. Three analysts surveyed by Zacks expected $422.2 million.
For the year, the company reported profit of $107.1 million, or $2.52 per share. Revenue was reported as $1.69 billion.