RESTON, Va. (AP) _ K12 Inc. (LRN) on Tuesday reported fiscal second-quarter earnings of $50.7 million.
On a per-share basis, the Reston, Virginia-based company said it had profit of $1.19.
The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.07 per share.
The online education company posted revenue of $458.4 million in the period, also exceeding Street forecasts. Three analysts surveyed by Zacks expected $445.1 million.
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