Coursera, Inc. - Investor Relations Investor Relations NYSE: COUR 13.76 +0.19 ( 1.40% ) 20 minutes minimum delay | November 25, 2022 | 4:00 PM Corporate Overview Launched in 2012 by two Stanford professors, Andrew Ng and Daphne Koller, Coursera is now one of the largest online learning platforms in the world, with 113 million registered learners. Adjusted EBITDA is defined as income (loss) from operations as adjusted for stock-based compensation and depreciation and amortization. Investor Relations Manager in Atlantic City, NJ. Programs utilizing General Education products and services are for students that are not specializing in any particular curriculum or course of study. In high school, students may engage in industry content pathway courses, project-based learning in virtual teams, and career development services. Adjusted EBITDA provides a measure of corporate performance exclusive of capital structure and the method by which assets were acquired. Box 43006 . These products and services, spanning curriculum, systems, instruction, and support services are designed to help learners reach their educational goals through inspired teaching and personalized learning. CA. Transfer Agent. We are nationally recognized for our brand names, selling quality office products which are packed, assembled, labeled, and/or shipped by the best workforce available. Stride is leading great change in education. These non-GAAP financial measures should be considered in addition to, and not as a substitute for, revenues, income (loss), net income (loss) and net income (loss) per share or other related financial information prepared in accordance with GAAP. BCB Bancorp, Inc., 595 Avenue C. Bayonne, NJ 07002 (201) 823-0700. Stride Inc., is certified as a WBE (Women Owned Business Enterprise,) WOSB (Women Owned Small Business, DBE (Disadvantaged Business Enterprise,) and HUB (Historically Underutilized Business.) As an Investor Relations Coordinator, you will create a positive experience for our investors and manage new projects assigned by the Department Managers and Directors Responsibilities: Answer K1 - Manhattan Beach Our products are strategically placed at office product retailers and online . MD, Database management * Investor prospecting * Ownership analysis * Corporate Governance analysisrelations, investment banking, buy-side/sell-side research, or another corporate finance role, Porch - Seattle The brand reflects the Companys continued growth into lifelong learning, regardless of a students age or location. , Whether teachers, engineers, curriculum writers, or financial managers - whatever your expertise or role, we all work to empower futures through learning. The role will interact with investors and analysts as a professional ambassador for the Group as required and take a lead role in developing the financial metrics used to present future M&A opportunities to market. (1). We do this by selling office products. OTHER HELPFUL LINKS. Stride is a premier provider of K-12 education for students, schools, and districts, including career learning services through middle and high school curriculum. [email protected], Internet Explorer presents a security risk. More information can be found at stridelearning.com, K12.com, destinationsacademy.com, galvanize.com, techelevator.com, and medcerts.com. It's central to our mission, and it informs everything we dofrom curriculum design to our own human resources. Shape lifelong learners with a diverse group of leaders, substantial professional development, and the freedom to explore new career paths. Income from operations of $50.5 million, compared with $10.9 million. Stride Inc. The Vice President will work with senior management and other functional and global groups tofor Investor Relations Management Meetings + Act as single point of contact for all investor Amylyx Pharmaceuticals - Cambridge And we continue to challenge long-accepted beliefs and practices harnessing insights from K12 and adult learners, parents, educators, boards of education, policymakers, and the enterprises that need talented team members. During his eight-year tenure at Stride, Mr. Rhyu has also served as the companys Chief Financial Officer and President of Product and Technology. (1). Handles shareholder requests for information. HERNDON, Va., December 20, 2021--Stride, Inc. (NYSE: LRN), one of the nation's leading technology-based education companies, today announced its participation in two investor conferences in the . Tax rate of 26% to 29% after discrete items. Providing a solution to the. This data includes enrollments for which Stride receives no public funding or revenue. Our brands; Schneider Pens, QuickFit Binders, EasyFit, Primo, Aurora Casemade Products and Stride Write. The Company will discuss its second quarter 2021 financial results during a conference call scheduled for Tuesday, January 26, 2021 at 5:00 p.m. eastern time (ET). Adjusted operating income in the range of $145 million to $155 million. 2022-23; 2021-22; 2020-21; 31 st AGM of the Company on Sep 09, 2022. The total cash compensation, which includes bonus, and annual incentives, can vary anywhere from $145,895 to $209,068 with the average total cash compensation of $172,988. Stride trades on the NYSE under the symbol LRN. Today . The company is a proud sponsor of the Future of School, a nonprofit organization dedicated to closing the gap between the pace of technology and the pace of change in education. 624 followers 500+ connections. Adjusted EBITDA and adjusted operating income (loss) exclude stock-based compensation, which consists of expenses for stock options, restricted stock, restricted stock units, and performance stock units. To opt-in for investor email alerts, please enter your email address in the field below and select at least one alert option. The Stride word mark, logo and other marks referenced herein are trademarks of Stride, Inc. and its subsidiaries, and other company names and trademarks are the property of their respective owners. Stride is a premier provider of K-12 education for students, schools, and districts, including career learning services through middle and high school curriculums. Illustration: WSJ. If you experience any issues with this process, please contact us for further assistance. Teachers: Tap into our teaching tools to help personalize instruction. in presentations to the members of our Board of Directors to enable our Board to review the same measures used by management to compare our current operating results with corresponding prior periods. Stride is a premier provider of K-12 education for students, schools, and districts, including career learning services through middle and high school curriculum. What does an Investor Relations Manager do at companies like STRIDE INC? The following table sets forth revenue per average enrollment data for students for the period indicated. MedCerts, powered by Stride, can help start or advance your career in allied health fields. Stride has delivered millions of courses over the past decade and serves learners in all 50 states and more than 100 countries. And in 2021, Stride donated the first $1.2 million. For more investor information, please contact us. & Nonprofit Industry, Investor Relations Manager oversees communication and nurtures relationship with shareholders. CA. With Stride, learning is a state of minduntethered from age or place. These measures remove stock-based compensation, which is a non-cash charge that varies based on market volatility and the terms and conditions of the awards. Our products are strategically placed at office product retailers and online throughout the USA. The financial statements set forth below are not the complete set of Stride Inc.s financial statements for the three and six months ended December 31, 2020 and are presented below without footnotes. Capital expenditures for the six months ended December 31, 2020 were $23.6 million, a decrease of $2.7 million from the six months ended December 31, 2019 and comprised of. , Diluted net income per share of $0.60, compared with $0.52. From high-quality online and blended learning solutions to hands-on curriculum and career-oriented programs, learners, school districts, and enterprises are all empowered to unlock their full potential. 28 Jan 2021. As permitted by the indenture governing the notes, we have irrevocably elected that all future conversions of the notes will be settled pursuant to combination settlement. To supplement our financial statements presented in accordance with GAAP, we have presented adjusted operating income (loss), and adjusted EBITDA, which are not presented in accordance with GAAP. Financial Highlights for the Second Quarter Fiscal 2021 compared with the Second Quarter Fiscal 2020, Second Quarter Fiscal 2021 Summary Financial Metrics, Financial Highlights for the Six Months Ended December 31, 2020 Compared to the Six Months Ended December 31, 2019, Six Months Ended December 31, 2020 Summary Financial Metrics. The Investor Relations Manager typically manages through subordinate managers and professionals in larger groups of moderate complexity. These charts show the average base salary (core compensation), as well as the average total cash compensation for Investor Relations Manager in companies like STRIDE INC in the United States. Providence RI 02940-3006 Courier Delivery 150 Royall St., Suite 101 Canton, MA 02021 . The Companys technology-based products and services enable its clients to attract, enroll, educate, track progress, and support students on a scalable basis. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. This press release contains certain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. How much does an Investor Relations Manager make at companies like STRIDE INC in the United States? Join to connect Stride, Inc. Boston College Law School. Stride's mission is to help learners of all ages reach their full potential through inspired teaching and personalized learning. High school students also have the opportunity to progress toward certifications, connect with industry professionals, earn college credits while in high school, and participate in job shadowing and/or work based learning experiences that are required to succeed in todays digital, tech-enabled economy. At Stride's request, Future of School and Stride executed a signed agreement formalizing the commitment to donate the funds. On December 16, 2020, the Company changed its name from K12 Inc. to Stride, Inc. The oil market's response was to shrug. Companies are only as strong as their people. This IR Analyst will help craft, manage and execute our investment . UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS, UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS, UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS. The following tables provide revenue and enrollments for the three months ended December 31, 2020 and 2019 for the new reporting formats. Revenue of $747.1 million, compared with $514.7 million. Adjusted operating income in the range of $47 million to $52 million. The average salary for Investor Relations Manager at companies like STRIDE INC in the United States is $154,470 as of November 23, 2022, but the range typically falls between $124,202 and $175,317. Goldman Sachs Communacopia + Technology Conference Fireside Chat. We do this by providing clear pathways for learners to expand their skills, explore their options, and change their lives. Supporting Materials. 21 May 2021. AGM of the Company . VP, Corporate Development & Investor Relations at Stride, Inc. Washington DC-Baltimore Area. Latest Events. Whether teachers, engineers, curriculum writers, or financial managers whatever your expertise or role, we all work to empower futures through. The company also offers curriculum and technology solutions for full-time virtual and blended programs; full-time virtual programs, semester courses, and supplemental educational products; teacher training, teaching, and other academic and technology support services to public schools, school districts, privat How much does an Investor Relations Manager make at companies like STRIDE INC in the United States? The absence of a price surge is an early win for U.S. officials . Learning is lifelong, accessible, and inspiring. With more than two decades of business experience, Mr. Rhyu brings significant strategic, financial management, and operational expertise to his new role. Tuesday, July 31, 2018 at 12:00 PM EDT to Wednesday, August 1, 2018 at 11:59 PM EDT. However, thanks to the state's new Empowerment Scholarship Account program, or ESA, a private-school education is more accessible than ever before. Mike Lawson, 513-432-2358 Career Learning - products and services that are focused on developing skills for students, in middle school through high school and adult learners, to enter careers in high-growth, in-demand industriesincluding information technology, business, and health services. He is assisted by James and Peter, both on the Autism Spectrum. Recruitment Partner at Sprout Social, Inc. Sprout Social is looking to hire an Investor Relations Analyst to the Finance team. Webcast. This information is provided for investor reference only. Please also see Special Note on Forward Looking Statements below. The increase in the cash balance is largely the result of the $348.3 million in proceeds the Company received from its issuance of convertible senior notes during the first quarter, partially offset by the use of $100 million to pay down its revolving credit facility and $72.8 million in cash used to acquire Tech Elevator and MedCerts. PDF 236 KB. Revenues of $376.1 million, compared with $257.6 million. Corporate Overview. How much does an Investor Relations Manager make at companies like Stride, Inc. in the United States? Investor Presentation. Accordingly, such forward-looking statements involve known and unknown risks, uncertainties and other factors which could cause our actual results, performance or achievements to differ materially from those expressed in, or implied by, such statements. The increase is due largely to increased enrollments. Download AGM Presentation : Watch the AGM Proceedings: 30 th AGM of the Company on Sep 03, 2021. A reconciliation of these non-GAAP financial measures to the most directly comparable GAAP financial measures is provided below. Formerly K12, Inc., Stride careers currently reside at K12.com. And the Stride community can't step into the future without the resources they need to flourish. Stride, Inc., together with its subsidiaries (Stride or the Company) is an education services company providing online and blended learning. Stride Inc. is a happy workplace, and we love our special needs colleagues! We do this by selling office products. Ryan Blake (201) 823-0700. [email protected]. (1). Joey died at age 7, but his legacy is Stride, guiding our family to work with and for Special Needs Adults. While educators may only have limited time with each learner, their influence can last a lifetime. The Company believes that the change in the lines of revenue will facilitate a better understanding of its business strategy and the markets in which the Company competes. An assistant investor relations manager would need at least a few years of experience in order to be successful at the position. To be an Investor Relations Manager typically requires 3+ years of managerial experience. Our brands; Schneider Pens, QuickFit Binders, EasyFit, Primo, Aurora Casemade Products and Stride Write. We help learners of all ages reach their full potential through inspired teaching and personalized learning. Stride trades on the NYSE under the symbol LRN. Explore open opportunities, our culture and more. Middle and high school students also take general education courses per state standards in addition to coursework in career pathways. New Funds Available for Parents Wishing to Enroll Children in Private Schools; Resources Available for Parents to Learn How to Access ESA Program The thought of a private-school education may seem unattainable for many Arizona families. , A reconciliation of these non-GAAP financial measures to the most directly comparable GAAP financial measures is provided below. All information in this presentation is as of todays date, and the Company undertakes no obligation to update any forward-looking statement to conform the statement to actual results or changes in the Companys expectations. Nerdy Third Quarter 2022 Earnings Call - Nov 14th. At Stride we are a family. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. A webcast replay will be available at https://event.on24.com/wcc/r/2948484/F4CDE03D7AFE81652B2C24482A4B7C99 for 30 days. Investor Contact: The base salary for Investor Relations Manager in companies like STRIDE INC range from $124,202 to $175,317 with the average base salary of $154,470. For more investor information, please contact us. Note that capital expenditures include the purchase of property and equipment, and capitalized software and curriculum development costs as defined on our Statement of Cash Flows. Supervises and directs subordinates staff. The conference ID number is 4812941. The conference ID is 7723219. Adjusted operating income of $50.1 million, compared with $37.2 million. Investor Relations Contact. Stride Inc. Investor Contact: Mike Lawson, 513-432-2358 Vice President, Investor Relations [email protected] Contacts Stride Inc. Investor Contact: Mike Lawson, 513-432-2358 Vice President, Investor . Download AGM Presentation : For adult learners, Stride. Readers are encouraged to obtain and carefully review Stride Inc.s Quarterly Report on Form 10-Q for the quarterly period ended December 31, 2020, including all financial statements contained therein and the footnotes thereto, filed with the SEC, which may be retrieved from the SECs website at www.sec.gov or from Stride Inc.s website at www.stridelearning.com. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. You are cautioned not to place undue reliance on these non-GAAP financial measures. Special Note on Forward-Looking Statements. The Company is updating its outlook for the third quarter and full fiscal year, 2021. P.O. Stride is a premier provider of K-12 education for students, schools, and districts, including career learning services through middle and high school curriculum. Stride is a premier provider of K-12 education for students, schools, and districts, including career learning services through middle and high school curriculum. Intimation of Board Meeting for the quarter ended June 30, 2021. These products and services are provided through two lines of revenue: General Education products and services are predominantly focused on kindergarten through twelfth grade students for core subjects including math, English, science, and history to help build a common foundation of knowledge. Report this . Adjusted EBITDA is not intended to be a measure of liquidity. INVESTOR SUPPORT. To supplement our financial statements presented in accordance with U.S. generally accepted accounting principles (GAAP), we also present non-GAAP financial measures including adjusted operating income, EBITDA and adjusted EBITDA. Stride is a community of passionate leaders. Investor Relations Analyst ( Reston, VA or Hybrid) Stride, Inc. District of Columbia, United States 1 week ago Be among the first 25 applicants Be among Copyright 2020 Stride, Inc. All rights reserved. We can't bring learning to life without passionate teachers and team members. To ensure the most secure and best overall experience on our website, we recommend the latest versions of, https://event.on24.com/wcc/r/2948484/F4CDE03D7AFE81652B2C24482A4B7C99, Selling, general, and administrative expenses, Income (loss) from equity method investments, Accounts receivable, net of allowance of $20,924 and $6,808, Capitalized curriculum development costs, net, Current portion of finance lease liability, Current portion of operating lease liability, Preferred stock, par value $0.0001; 10,000,000 shares authorized; zero shares issued or outstanding, Common stock, par value $0.0001; 100,000,000 shares authorized; 46,893,934 and 46,341,627 shares issued; and 41,559,191 and 41,006,884 shares outstanding, Accumulated other comprehensive income (loss), Treasury stock of 5,334,743 shares at cost, Provision for (recovery of) doubtful accounts, Amortization of discount and fees on debt, Inventories, prepaid expenses, deposits and other current and long-term assets, Acquisition of MedCerts, LLC, net of cash acquired, Acquisition of Tech Elevator, Inc., net of cash acquired, Other acquisitions and investments, net of distributions, Purchases of capped calls in connection with convertible senior notes, Withholding of stock options for tax withholding, Repurchase of restricted stock for income tax withholding, Deposits and other assets (restricted cash), Institutional (Non-managed and Software & Services), Career Learning - Managed Public School Programs, Career Learning - Non-managed Public School Programs, Career Learning - Private Pay Schools and Other, Private Pay Schools and Other (Galvanize, MedCerts and Tech Elevator). We see learning as a lifelong journey, not one that ends after graduation. Management believes that the presentation of these non-GAAP financial measures provides useful information to investors relating to our financial performance. The Head of Investor Relations will report directly to the CFO and will be responsible for the ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 4 days ago, NTT America Solutions, Inc. - Sacramento Rad Diversified - Ontario Your support of Stride helps us maintain a mission to employ adults with Special Needs. At Stride, Inc. (NYSE: LRN) formerly K12 Inc. we are reimagining learning where learning is lifelong, deeply personal, and prepares learners for tomorrow. Stride, Inc. was founded in 2000 and is headquartered in Reston, Virginia. MA. Find company research, competitor information, contact details & financial data for Investors Development Services Inc of Naples, FL. Stride trades on the NYSE under the symbol LRN. Salary.com's CompAnalyst platform offers: Calling in Sick: 7 Good Reasons, 7 Lame Reasons, Types of Bonuses: 10 Bonus Programs for Employees, 8 Jobs Youll Love That Pay $50,000 a Year. Corporate access is weighed differently depending on the investors models and investment policies. Participants can access a live webcast of the call at https://event.on24.com/wcc/r/2948484/F4CDE03D7AFE81652B2C24482A4B7C99. Webcast. The company's technology-based products and services enable its clients to attract, enroll, educate, track progress, and support students. A student and the associated revenue, whether in middle or high school is counted as Career Learning if enrolled in a school offering our Career Learning program and must commit to a career pathway and its associated services, including the Exploratory Pathways. K12 Inc.'s corporate name change to Stride, Inc., is effective as of December 16, 2020. Corporate Profile Pacira BioSciences, Inc. is a specialty pharmaceutical company focused on the development, commercialization and manufacture of new pharmaceutical products, based on its proprietary multivesicular liposome (pMVL) drug delivery technology, for use in hospitals and ambulatory surgery centers. Products and services are sold a la carte or combined into customized customer offerings. Nov 14, 2022. Compensation data tools, salary structures, surveys and benchmarks. See user submitted job responsibilities for Investor Relations Manager. Contact Pacira Investor Relations 2Source: Galvanize Graduate Report - 2020 Part 1, https://www.galvanize.com/outcomes. From a learner's drive to an educator's inspiration to a company's investment, the more we all do, the more we all thrive. These programs provide an alternative to traditional school options and serve a range of student needs including safety concerns, increased academic support, scheduling flexibility, physical/health restrictions or advanced learning among other reasons. As a thought leader in the field of education and a leader in online learning, Stride acknowledges its increased obligation in promoting and teaching social responsibility. Revenue in the range of $1.500 billion to $1.525 billion. Typically reports to top management. Download AGM Presentation : Watch the AGM Proceedings: 29 th AGM of the Company on August 20, 2020. This ismanagement teams that continue to guide their organizations on a day-to-day basis. We all play a role in bringing about better lifelong education opportunitieswhether learning, teaching, or supporting one another. For adult learners, Stride. Adjusted EBITDA also removes depreciation and amortization, which can vary depending upon accounting methods and the book value of assets. Privacy Policy | Accessibility | IP Policy | Terms of Use | Download Adobe Reader. The Company also offers post-secondary Career Learning programs to adult learners, through its Galvanize, Tech Elevator and MedCerts subsidiaries. The average salary for Investor Relations Manager at companies like Stride, Inc. in the United States is $153,209as of August 29, 2022, but the range typically falls between $123,186and $173,886. Additionally, Investor Relations Manager requires a bachelor's degree. Management believes that these additional metrics provide useful information to our investors as an indicator of performance because they exclude stock-based compensation expense and the amortization of intangible assets. Stride Inc 3KA Stock News Morningstar Rating | Rating as of Sep 7, 2022 Quote Chart Stock Analysis News Price vs Fair Value Sustainability Trailing Returns Financials Valuation Operating. Computershare. Each day, Stride ships to resellers throughout the country. The Stride word mark, logo and other marks referenced herein are trademarks of Stride, Inc. and its subsidiaries, and other company names and trademarks are the property of their respective owners. Stride provides schools and districtsthe tools and resources necessary to help develop each student's full potential. To participate in the live call, investors and analysts should dial (888) 210-2831 (domestic) or 1 (289) 514-2968 (international) at 4:45 p.m. CA. At Stride Inc., we promise to treat your data with respect and will not share your information with any third party. PDF 241 KB. Although the Company believes the expectations reflected in such forward-looking statements are based upon reasonable assumptions, it can give no assurance that the expectations will be attained or that any deviation will not be material. Note that capital expenditures include the purchase of property and equipment and capitalized software and curriculum development costs as defined on our Statement of Cash Flows. The company lines of business are Managed Public School Programs, Institutional, and Private Pay Schools and Other. The company today announced that Nathaniel (Nate) A. Davis is retiring from his role as Chief Executive Officer. At Stride, being socially responsible and inclusive is more than a philosophy we embrace. Get the latest business insights from Dun & Bradstreet. HERNDON, Va.--(BUSINESS WIRE)--Stride, Inc. formerly K12 Inc. (NYSE: LRN), one of the nations leading tech-enabled education companies, today announced its results for the second fiscal quarter ended December 31, 2020. By providing your email address below, you are providing consent to Stride Inc. to send you the requested Investor Email Alert updates. K12 Inc., a technology-based education company, together with its subsidiaries, provides online curriculum, software systems, and educational services to facilitate individualized learning for students primarily in kindergarten through 12th grade in the United States and internationally. Revenue per enrollment in the three and six months ended December 31st declined from 2019 to 2020 due to state budgetary pressures resulting from COVID-19 and a higher mix of lower-funded states. Copyright 2018 Stride, Inc. All Rights Reserved. Cash and cash equivalents as of December 31, 2020 of $258.1 million, compared with $212.3 million as of June 30, 2020. The Companys clients are primarily public and private schools, school districts, and charter boards. You must click the activation link in order to complete your subscription. Contact 11720 Plaza America, 9th Floor Reston, VA, 20190 T +1 703 483-7000 Sector. Career Learning products and services are focused on developing skills for students, in middle school through high school and adult learners, to enter careers in high-growth, in-demand industriesincluding information technology, business, and health services. We primarily serve working adult students globally through our core focus areas: 1) U.S. Higher Education, including Strayer University and Capella University, each institutionally accredited, and . Please access the website at least 15 minutes prior to the start of the call. We view ourselves as partners with our customers, our employees, our community, and our environment. Midland States Bancorp Inc at KBW 19th Annual Community Bank Investor Conference. Stride is a premier provider of K-12 education for students, schools, and districts, including career learning services through middle and high school curriculum. Our mission is to offer our customers exceptional customer service and terrific products while maintaining the corporate privilege of employing a unique and diverse workforce; adults with intellectual and developmental delays. Additionally, it offers solutions to employers, government agencies and consumers, including through private schools which it operates. Despite a national trend of learning loss over the course of the pandemic, data shows Stride K12-powered students kept right on pace, even making gains in crucial academic areas. Additional information on the new lines of revenue, including revenue and enrollments for the three months ended December 31st, 2020 and 2019 revised to reflect the new lines of revenue format can be found in Appendix A. Net income of $37.2 million, compared with $10.9 million. Vice President, Investor Relations Investor Relations Manager Salaries with a Bachelor's Degree, Investor Relations Manager Salaries with a Master's Degree or MBA, Investor Relations Manager Salaries with a JD, MD, PhD or Equivalent, Detailed skills and competency reports for specific positions. These risks, uncertainties, factors and contingencies include, but are not limited to: reduction of per pupil funding amounts at the schools we serve; inability to achieve a sufficient level of new enrollments to sustain our business model; failure to replace students who have graduated from the terminal grade in a school or have left our programs for other reasons with new students of a sufficient number; inability to maintain our current rate of retention of students enrolled in our courses; an increase in the amount of failures to enter into new school contracts or renew existing contracts, in part or in their entirety; the failure of perceived industry trends and projections resulting from the expected effects of COVID-19 on virtual education; failure of the schools we serve or us to comply with federal, state and local regulations, resulting in a loss of funding, an obligation to repay funds previously received or contractual remedies; governmental investigations that could result in fines, penalties, settlements, or injunctive relief; declines or variations in academic performance outcomes of the students and schools we serve as curriculum standards, testing programs and state accountability metrics evolve; harm to our reputation resulting from poor performance or misconduct by operators or us in any school in our industry and/or in any school in which we operate; legal and regulatory challenges from opponents of virtual public education or for-profit education companies; changes in national and local economic and business conditions and other factors such as natural disasters, pandemics and outbreaks of contagious diseases and other adverse public health developments, such as COVID-19; discrepancies in interpretation of legislation by regulatory agencies that may lead to payment or funding disputes; termination of our contracts, or a reduction in the scope of services with schools; failure to develop the career learning education business; entry of new competitors with superior technologies and lower prices; unsuccessful integration of mergers, acquisitions and joint ventures, failure to further develop, maintain and enhance our technology, products, services and brands; inadequate recruiting, training and retention of effective teachers and employees; infringement of our intellectual property; disruptions to our Internet-based learning and delivery systems, including but not limited to our data storage systems, resulting from cybersecurity attacks; misuse or unauthorized disclosure of student and personal data; and other risks and uncertainties associated with our business described in the Companys filings with the Securities and Exchange Commission. He will remain active in the business as the Executive Chairman of Strides Board of Directors supporting the companys strategy, public policy, and external relations initiatives. From relationship banking to real estate financing to private wealth management, we are there at every stage and at each moment our clients need us, even when they don't. Sophisticated solutions with personal service, we're helping people . Stride Inc., is a nationally recognized business for integrated employment of adults with Special Needs. These programs include skills training in data science and software engineering, healthcare and medical fields, technology staffing and talent development, and are offered directly to consumers, employers and government agencies. For adult learners, Stride delivers professional skills training in healthcare and technology, as well as staffing and talent development for Fortune 500 companies. He is the right person, at the right moment for this role. Mr. Rhyu assumes the role of CEO from his current position as President of Corporate Strategy, Marketing, and Technology. Adjusted operating income (loss) is defined as income (loss) from operations as adjusted for stock-based compensation and the amortization of intangible assets. Copyright 2020 Stride, Inc. All rights reserved. Adjusted operation income of $73.1 million, compared with $24.1 million. In August and September 2020, we issued an aggregate of $420,000,000 principal amount of our 1.125% convertible senior notes due 2027, which we refer to as our convertible notes. The convertible notes are convertible in certain circumstances into consideration that consists, at our election, of shares of our common stock, cash or a combination of cash and shares of our common stock. Readers are encouraged to obtain and carefully review Stride Inc.s Quarterly Report on Form 10-Q for the quarterly period ended December 31, 2020, including all financial statements contained therein and the footnotes thereto, filed with the SEC, which may be retrieved from the SECs website at www.sec.gov or from Stride Inc.s website at www.stridelearning.com. We have tried, whenever possible, to identify these forward-looking statements using words such as anticipates, believes, estimates, continues, likely, may, opportunity, potential, projects, will, expects, plans, intends and similar expressions to identify forward looking statements, whether in the negative or the affirmative. Intimation of Board Meeting for the quarter ended December 31, 2020. Strategic Education, Inc. (NASDAQ: STRA) ( www.strategiceducation.com) is dedicated to helping advance economic mobility through higher education. 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