News

Stride (NYSE:LRN) Exceeds Q1 Expectations, Stock Soars

Online education Stride (NYSE:LRN) reported Q1 CY2025 results topping the market’s revenue expectations, with sales up 17.8% year on year to $613.4 million. The company’s full-year revenue guidance of $2.38 billion at the midpoint came in 1.6% above analysts’ estimates. Its GAAP profit of $2.02 per share was 0.7% above analysts’ consensus estimates.

Freshworks’s (NASDAQ:FRSH) Q1 Sales Top Estimates, Stock Soars

Business software provider Freshworks (NASDAQ: FRSH) reported revenue ahead of Wall Street’s expectations in Q1 CY2025, with sales up 18.9% year on year to $196.3 million. Guidance for next quarter’s revenue was better than expected at $198.8 million at the midpoint, 0.6% above analysts’ estimates. Its non-GAAP profit of $0.18 per share was 39.4% above analysts’ consensus estimates.