Last $11.50 USD
Change Today -0.52 / -4.33%
Volume 297.5K
LRN On Other Exchanges
Symbol
Exchange
New York
As of 5:15 PM 11/28/14 All times are local (Market data is delayed by at least 15 minutes).

k12 inc (LRN) Snapshot

Open
$11.99
Previous Close
$12.02
Day High
$12.02
Day Low
$11.48
52 Week High
06/24/14 - $26.20
52 Week Low
11/28/14 - $11.48
Market Cap
440.3M
Average Volume 10 Days
408.2K
EPS TTM
$0.55
Shares Outstanding
38.3M
EX-Date
--
P/E TM
21.1x
Dividend
--
Dividend Yield
--
Current Stock Chart for K12 INC (LRN)

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k12 inc (LRN) Details

K12 Inc., a technology-based education company, offers proprietary curriculum, software systems, and educational services to facilitate individualized learning for students primarily in kindergarten through 12th grade. It manages virtual and blended public schools. The company also offers curriculum and technology solutions; full-time virtual and blended programs, semester courses, and supplemental solutions; teacher training, teaching, and other support services to public schools, school districts, private schools, charter schools, and early childhood learning centers. In addition, it provides access to the online school and curriculum through proprietary learning management system ‘OLS’; learning kits; access to student computers; and management, technology, and educational services. Further, it operates online private schools, including The K12 International Academy, the George Washington University Online High School, and the Keystone School. The company sells individual online courses directly to families; and sells curriculum directly to customers who desire to educate their children outside of the traditional public school system or to supplement their child's existing public school education without the aid of an online teacher. It serves customers in the United States and internationally. K12 Inc. was founded in 2000 and is headquartered in Herndon, Virginia.

4,200 Employees
Last Reported Date: 08/15/14
Founded in 2000

k12 inc (LRN) Top Compensated Officers

Executive Chairman, Chief Executive Officer a...
Total Annual Compensation: $577.5K
President and Chief Operating Officer
Total Annual Compensation: $515.0K
Chief Financial Officer and Executive Vice Pr...
Total Annual Compensation: $460.0K
Executive Vice President, General Counsel and...
Total Annual Compensation: $315.0K
Executive Vice President of School Management...
Total Annual Compensation: $311.7K
Compensation as of Fiscal Year 2014.

k12 inc (LRN) Key Developments

K12, Inc. Announces Unaudited Consolidated Earnings Results for the First Quarter Ended September 30, 2014; Provides Earnings Guidance for the Second Quarter and Full Year of Fiscal 2015

K12, Inc. announced unaudited consolidated earnings results for the first quarter ended September 30, 2014. For the quarter, the company announced revenues of $236,712,000 compared to $228,366,000 for the same period a year ago. Loss from operations was $13,158,000 compared to $8,464,000 for the same period a year ago. Loss before income tax benefit and non-controlling interest was $13,127,000 compared to $8,548,000 for the same period a year ago. Net loss was $6,589,000 compared to $5,098,000 for the same period a year ago. Net loss attributable to common stockholders, including Series A stockholders was $6,776,000 compared to $5,040,000 for the same period a year ago. Net loss attributable to common stockholders per share, excluding Series A stockholders through the conversion date September 3, 2013, basic and diluted were $0.18 compared to $0.13 for the same period a year ago. Net cash used in operating activities was $27,016,000 compared to $3,913,000 for the same period a year ago. Purchase of property and equipment was $6,333,000 compared to $4,274,000 for the same period a year ago. Capitalized software development costs were $8,886,000 compared to $5,006,000 for the same period a year ago. Capitalized curriculum development costs were $3,375,000 compared to $3,322,000 for the same period a year ago. EBITDA was $3,722,000 compared to $8,486,000 for the same period a year ago. The company provided earnings guidance for the second quarter of fiscal 2015. For the quarter, the company is forecasting the revenue in the range of $225 million to $235 million, operating income in the range of $14 million to $20 million and capital expenditures, which includes curriculum and software development, computers and infrastructure, of $18 million to $22 million. The company expect the full year revenue increase to be more modest at around a few percent. Expects Non-managed Program revenue to have solid double-digit revenue growth for the rest of this year. Guidance for the full fiscal year 2015 tax rate remains in the range of 38% to 40%.

K12, Inc., Q1 2015 Earnings Call, Oct 30, 2014

K12, Inc., Q1 2015 Earnings Call, Oct 30, 2014

K12, Inc. Presents at Wells Fargo Technology, Media and Telecom Conference 2014, Nov-12-2014 01:55 PM

K12, Inc. Presents at Wells Fargo Technology, Media and Telecom Conference 2014, Nov-12-2014 01:55 PM. Venue: The Waldorf Astoria, 301 Park Avenue, New York, NY 10022, United States. Speakers: James J. Rhyu, Chief Financial Officer and Executive Vice President, Michael Kraft, VP, IR, Nathaniel Alonzo Davis, Executive Chairman and Chief Executive Officer.

 

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LRN Competitors

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Company Last Change
Bridgepoint Education Inc $10.70 USD -0.22
Career Education Corp $5.86 USD +0.13
ITT Educational Services Inc $8.31 USD -0.63
Monster Worldwide Inc $4.35 USD -0.11
School Specialty Inc $113.27 USD 0.00
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Industry Analysis

LRN

Industry Average

Valuation LRN Industry Range
Price/Earnings 26.4x
Price/Sales 0.5x
Price/Book 0.9x
Price/Cash Flow 25.8x
TEV/Sales 0.3x
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