Although we do not believe in market timing or freaking out over the movement of the market, we watched huge change–in case they are material to our investment Thesis.
What: Stocks K12 (NYSE: fiscal year.
So what: K12 booked $ 128.3 million in revenues Q4 45% and well ahead of the $ 123.1 million analysts are calling for. The bad news? Net losses widened K12s–from $ 0.10 to $ 0.08 per share higher-spending for instructors and infrastructure.
Now what: Judging from the action today, investors are confident that e-learning specialist K12 materials different from stores such as professional training Apollo Group ( watchlistNasdaq:.
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