Stride, Inc. (NYSE:LRN) Q4 2022 Earnings Conference Call August 9, 2022 5:00 PM ET

Company Participants

Tim Casey - Vice President, 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

Operator

Ladies and gentlemen good afternoon. My name is Abby and I will be your conference operator today. At this time, I would like to welcome everyone to the Stride, Inc. Fourth Quarter Fiscal 2022 Earnings Conference Call. Today’s conference is being recorded. [Operator Instructions] Thank you. And I will now turn the conference over to Tim Casey, Vice President of Investor Relations. Mr. Casey, you may begin.

Tim Casey

Thank you and good afternoon. Welcome to Stride’s fourth quarter and year end earnings call for fiscal year 2022. 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 Investor 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 will answer any questions you may have.

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

James Rhyu

Thank you, Tim and good afternoon everyone. On the heels of completing another tough school year for many, we are already in the throes of what is shaping up to be the third school year with a heightened sense of uncertainty. This is in the backdrop of broader macroeconomic and geopolitical challenges. And the COVID pandemic is not yet in our rearview mirror. All while we have entered into a period of economic uncertainty that we have not seen for over a decade. And inflation is pacing at its highest rate in over 40 years.