Stride, Inc. (NYSE:LRN) Q1 2025 Earnings Conference Call October 22, 2024 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

Jason Tilchen - Canaccord Genuity
Jeff Silber - BMO Capital Markets
Gregory Parrish - Morgan Stanley
Alex Paris - Barrington Research
Tom Singlehurst - Citi
Pat McIlwee - William Blair

Operator

Good day, everyone, and welcome to the Stride, Inc. Q1 FY 2025 Conference Call. At this time, I would like to hand the call over to Mr. Tim Casey. Please go ahead, sir.

Tim Casey

Thank you, and good afternoon. Welcome to Stride's first quarter earnings call for fiscal year 2025. 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. Now, I will turn the call over to James. James?

James Rhyu

Thanks, Tim. This year marks the 25th anniversary for K-12, Stride's preeminent brand. In those 25 years, we have served over 3 million families and students. It took us over 15 years to reach the first million and it has taken us just over three years to reach the third. In that time, technologies have advanced, our footprint has grown and the country has evolved, but one constant has remained, our focus on providing customers choice in education. Just as we have choice in most facets of our lives from shopping to entertainment to healthcare and financial services, so too should customers have choice in education.