Stride, Inc.

I would now like to turn the conference over to Casey, VP of Investor Relations. You may begin.

Thank you and good afternoon. Welcome to Stride's fourth quarter and year-end earnings call for fiscal year 2025. With me on today's call are James Rue, Chief Executive Officer, and Donna Blackman, Chief Financial Officer. As a reminder, today's conference call and webcast are accompanied by a presentation that can be found on the Stride Investor Relations website. Please be advised that today's discussion of our financial results may include certain non-GAAP financial measures. Reconciliation of these measures is provided in the earnings release issued this afternoon and can also be found on our Investor Relations website. In addition to historical information, this call will also involve forward-looking statements. The company's actual results could differ materially from any forward-looking statements due to several important factors as described in the company's earnings release and latest SEC filings, including our most recent annual report on Form 10K and subsequent violence. These statements are made on the basis of our views and assumptions regarding future events and business performance at the time we make them, and the company assumes no obligation to update any forward-looking statements. Following our prepared remarks, we'll answer any questions you may have. Now I'll turn the call over to James. James?

Thanks, Tim, and good afternoon, everyone. We recently celebrated our 25th year anniversary and continue to see record demand for the products and services we pioneered a quarter century ago. In a rapidly evolving world, our focus is on how we can best serve customers and the market over the next 25 years. First, some highlights from this year that reinforce our market leadership. We were named one of America's best mid-size companies by time. We were named 2024 Company of the Year by Big Awards for Business, hosted by the Business Intelligence Group, and Best EdTech Company by the Global EdTech Awards. We received two Golden Stevie Awards, one for our game-based curriculum and one for our virtual learning solution. We were awarded Digital Education Awards, Digital Game-Based Learning Product of the Year, and named the Digital Education Institution of the Year. We are one of the largest employers of teachers and education staff in the country, offering choice for teachers as well as families. And in a country where more teachers are leaving the profession than entering, and where there is a persistent national teacher shortage, we have managed to grow and provide an outlet for teachers who are looking for something different than the traditional system can provide them. But all of this pales in comparison to the record numbers of families and students we're able to serve. So how can we build on this momentum and also prepare for the next 25 years? The good news is that macro trends around our core business continue to be positive. Demand for school choice is growing, and our customers and potential customers continue to choose us in record numbers. Given where we are, less than 50% through our anticipated enrollment season, we can already see if current trends continue, that we will once again achieve double-digit enrollment growth this fall. And we're continuing to invest in new products and services. This will both benefit our core business, but also give us new market opportunities to pursue. For example, over the past year, our tutoring business hosted over 100,000 sessions. And this upcoming school year, we are going to offer dedicated tutoring for all second and third graders focused on the core skill of reading. We also continue to invest in our career platform and programs with an emphasis on building a community of resources that offer practical trajectories. And of course, everybody's talking about AI. We are proceeding with our cautious but ambitious approach to enable the use of AI in our programs in a responsible and impactful manner. I said a couple of years ago that we are not going to play into the hype around AI, but rather focus on foundational areas and technologies that we can leverage for better customer outcomes and experiences. And we are continuing down that path, both in partnership with other providers, as well as through proprietary investments that we can leverage our core strengths. We're excited about what the next 25 years hold for us and how we can deliver on tomorrow's education today. Thank you. Now over to Donna.