K12 Inc. Q1 FY2024 Earnings Presentation - October 2023

K12 Inc. reported record first quarter FY2024 revenue of $480.2 million, representing 13% year-over-year growth driven by enrollment and revenue increases in both General Education and Career Learning segments. The company achieved its highest annual enrollment growth rate since Fall 2021, with Career Learning enrollment up 14% and General Education up 5% year-over-year. Management provided strong full-year FY24 guidance and emphasized flexibility for organic and inorganic growth opportunities supported by a strong balance sheet.