April 25, 2018 - K12 Inc. (NYSE:LRN) has filed a financial statement reporting Common Shares Outstanding of $41,172,030 USD. Previously, on January 26, 2018, K12 Inc. reported Common Shares Outstanding of $41,414,862 USD. This represents a change of -0.59% in Common Shares Outstanding.
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Ladies and gentlemen, thank you for standing by and welcome to Tarena International Second Quarter 2018 Earnings Conference Call. At this time, all participants are in a listen-only mode. After management’s prepared remarks, there will be a question-and-answer-session. Today's conference is being recorded. If you have any objections, you may disconnect at any time. (4-0)
Greetings and welcome to the K12 Fourth Quarter Fiscal 2018 Earnings Conference Call. [Operator Instructions] As a reminder, this conference is being recorded. I would now like to turn the conference over to your host, Mike Kraft. (4-0)
Strayer Education Inc.’s (STRA - Free Report) shares have been on the move in the recent times, rallying 32.1% year to date, faring much better than the industry’s growth of just 4.8%. In fact, this for-profit education company has gained 6.5% in the past 30 days against the industry’s 10.6% decline. Also, the company has outperformed the industry in all the other time frames that we considered — 4-week, 12-week and 52-week. (4-0)
Two days ago we revealed multiple K12 school closures and a first ever union contract that we estimate will lead K12 to lose money in fiscal 2019 and beyond. (0-1)
For years, K12 has profited off of public school funding while producing poor academic outcomes and employing allegedly fraudulent tactics to mask turnover and inflate enrollment. (0-1)