Stride, Inc. (NYSE:LRN) Q2 2023 Earnings Conference Call January 24, 2023 5:00 PM ET

Company Participants

Tim Casey - Vice President of Investor Relations

James Rhyu - Chief Executive Officer

Donna Blackman - Chief Financial Officer

Conference Call Participants

Jeff Silber - BMO Capital Markets

Stephen Sheldon - William Blair

Greg Parrish - Morgan Stanley

Tom Singlehurst - Citi

Operator

Good afternoon, ladies and gentlemen. And welcome to the Stride Second Quarter Fiscal 2023 Earnings Conference Call. At this time, all participants are in a listen-only mode and please be advised that this call is being recorded. After the speakers' prepared remarks, there will be a question-and-answer. [Operator Instructions]

At this time, I'll turn things over to Mr. Tim Casey, Vice President of Investor Relations. Please go ahead.

Tim Casey

Thank you. Good afternoon. Welcome to Stride's second quarter earnings call for fiscal year 2023. With me on today's call are James Rhyu, Chief Executive Officer; and Donna Blackman, Chief Financial Officer. As a reminder, today's conference call and webcast are accompanied by a presentation that can be found on the Stride Investor Relations website.

Please be advised that today's discussion of our financial results may include certain non-GAAP financial measures. A reconciliation of these measures is provided in the earnings release issued this afternoon and can also be found on our Investors Relations website. In addition to historical information, this call may also involve forward-looking statements. The company's actual results could differ materially from any forward-looking statements, due to several important factors as described in the company's latest SEC filings. These statements are made on the basis of our views and assumptions regarding future events and business performance at the time we make them and the company assumes no obligation to update any forward-looking statements made during this call. Following our prepared remarks, we'll answer any questions you may have.

I will now turn the call over to James. James?

James Rhyu

Thank you. Good afternoon, everyone. I've said this now for the past couple of years that part of our ability to succeed longer term is dependent on the macro environment providing a tailwind for our products and services. A survey that was released just last week found that more than half of all parents have considered a new or different school for their child over the past year. As families continue to see a need for option, more and more are aware that our programs offer that alternative. And certainly, awareness for virtual programs like ours increased dramatically since the pandemic, and we don't see that reversed.