5 Learn At Home Stocks To Buy

1.

LRN K12 Inc

K12 +10% after earnings topper, strong FY21 guide

Oct. 26, 2020 4:46 PM ETK12 Inc. (LRN)By: Clark Schultz, SA News Editor4 Comments

  • K12 (NYSE:LRN) reports revenue growth of 44.3% in Q3
  • General Education segment revenue grew 34.4% to $313.8MM and Career Learning segment revenue was up 142.5% to $57.1M.
  • Enrollment data: General Education 164.6K (+49% Y/Y), Career Learning 30.8K (+126.5%).
  • Revenue per Enrollment Data: General Education $1,718 (-7.6%), Career Learning $1,564 (-9.1%).
  • Adjusted EBITDA came in at $39.2M vs. $8.1M consensus.
  • Looking ahead, K12 sees full-year 2021 revenue in the range of $1.445B to $1.470B vs. $1.425B consensus. Capital expenditures in the range of $50M to $60M are expected. Adjusted operating income is expected to land in the range of $120M to $130M.
  • Shares of K12 are up 10.02% in AH trading.
  • Previously: K12 EPS beats by $0.62, beats on revenue (Oct. 26)

2.

2U Inc TWOU

2U down 3% despite beat, upside revenue outlook

Oct. 28, 2020 2:57 AM ET2U, Inc. (TWOU)By: Jignesh Mehta, SA News Editor2 Comments

  • 2U (NASDAQ:TWOU) reports Q3 results that beat top and bottom line estimates.
  • Q3 highlights: Total revenue rose 31% y/y to $201.1M vs. a consensus of $188.5M.
  • Graduate Program Segment revenue grew 18% y/y to $122M, driven by a 17% increase in FCE enrollments, and Alternative Credential Segment revenue grew 57% to $79.1M, a 57% increase in FCE enrollments.
  • Adjusted EBITDA was $3.7M, compared to a loss of $10.7M last year.
  • As of September 30, 2020, the company’s cash, cash equivalents and restricted cash totaled $499.6M (incl. proceeds from stock offering from August 2020).
  • TWOU sees FY revenue between $760M to $775M vs. a consensus of $743.5M and net loss between $225M to $210M.
  • Shares -3% after-hours.
  • Previously: 2U EPS beats by $0.01, beats on revenue (Oct. 27)
  • Related: 2U, Inc.’s (TWOU) CEO Chip Paucek on Q3 2020 Results – Earnings Call Transcript (Oct. 27)
  • Last article: 2U: All Hype, Very Little Substance (Aug. 6)

3.

Chegg Inc CHGG

“For the majority of the business in the U.S., we don’t have a significant competitor … outside the U.S., there is nobody with our size or scale or balance sheet” (CEO Dan Rosensweig)

Show Me The Money!

Chegg -10.3%, increases FY guidance

Oct. 27, 2020 3:30 PM ETCHGGBy: Manshi Mamtora, CFA6 Comments

  • Chegg (CHGG -10.6%) Q3 shows subscribers of 3.7M increased 69% Y/Y, consensus 3.61M.
  • Reports total net revenues of $154M, an increase of 64%. Y/Y, services revenue grew 72% Y/Y to $118.9M.
  • Net loss was $37.1M and non-GAAP net income of $24.1M.
  • Total Chegg Study content views of 252M.
  • $1.8B of cash and investments.
  • “We have always said that the future of education was inevitable; to become increasingly online, on demand, and more affordable. The trends we are seeing in the industry and the momentum we are experiencing globally give us the confidence to raise our guidance again for 2020 and provide our initial outlook for 2021.” said Dan Rosensweig, CEO & President.
  • Q4 Outlook: Total net revenues $188M-190M; services revenues $162M-164M; gross margin 72-73%; Adjusted EBITDA $82M-84M.
  • FY Guidance: Total net revenues $626M-628M; services revenues $507M-509M; gross margin 68-69%; Adjusted EBITDA $201M-203M.
  • Previously: Chegg EPS beats by $0.07, beats on revenue (Oct. 26)

4.

BoxLight, who are they?

So Far Since March Not looking Good..

Boxlight EPS beats by $0.03, misses on revenue

Aug. 14, 2020 8:36 AM ETBoxlight Corporation (BOXL)By: Mamta Mayani, SA News Editor3 Comments

  • Boxlight (NASDAQ:BOXL): Q2 Non-GAAP EPS of -$0.01 beats by $0.03; GAAP EPS of -$0.08 misses by $0.04.
  • Revenue of $7.83M (-27.5% Y/Y) misses by $0.06M.
  • “We made significant progress as a company during the second quarter, including closing an $11.5 million secondary offering, launching our MimioConnect software platform for virtual and blended learning environments, expanding our sales channel, and acquiring Robo3D and MyStemKits, a complete 3D printing solution for education,” commented Michael Pope, Chairman and CEO. 

They Bought This other Presentation Company… but didn’t have the money to buy it… so another round of funding, share dilution, howd they pay?

Boxlight acquires Sahara Presentation Systems for ~$94.9M, shares +15%

Sep. 25, 2020 8:40 AM ETBoxlight Corporation (BOXL)By: Jignesh Mehta, SA News Editor18 Comments

  • Boxlight Corporation (NASDAQ:BOXL) has acquired Sahara Presentation Systems PLC, a leader in distributed and manufactured AV solutions.
  • The total purchase price was £74M (~$94.9M) in the form of £52M (~$66.7m) cash and £22M (~$28.2M) preferred stock.
  • Acquisition includes Clevertouch and Sedao brands and provides geographic expansion, substantial revenue growth, consolidated profitability and global management talent.
  • “We are committed to achieving dramatic growth, both organically and through acquisitions, and we are delivering on that promise. The combined companies are generating greater than $100M in sales and are highly profitable. I look forward to reporting our consolidated financial statements in future quarters.” says Michael Pope, Chairman and CEO, Boxlight.

New Earnings soon be careful

5.

Zoom ZM

6.

Curiosity Stream CURI

They DO and WILL grow original content

CuriosityStream Announces Third Quarter 2020 Financial Results

November, 12, 2020

  • Third quarter 2020 revenue of $8.7 million, up 83% year-over-year
  • Gross margin increases to 61% year-over-year from 59% in Q3 2019
  • Strengthens executive team with key industry veterans  

SILVER SPRING, Md.–(BUSINESS WIRE)– CuriosityStream Inc. (NASDAQ: CURI), a global factual entertainment company, today announced its financial results for the third quarter ending September 30, 2020.

“We had a strong third quarter, with an 83% year-over-year increase in revenue and growth across all lines of business. Our subscribers more than doubled year over year, with notable increases in annual plans and international subscriptions, as we continued to offer fresh and unique original content every week,” said Clint Stinchcomb, President & CEO. “We continue to be on a three-year trajectory of doubling annual revenue with large recurring revenues and high gross margins as we drive growth across the entire business.”

Third Quarter 2020 Financial Results

  • Revenue of $8.7 million, up from $4.8 million in the third quarter of 2019;
  • Total paying subscribers of approximately 13 million, up 108% year-over-year;
  • Gross margin increased 200 basis points year-over-year to 61%;
  • Operating loss was $(6.8) million compared to operating loss of $(10.1) million in the third quarter of 2019;
  • EBITDA was $(6.7) million compared to EBITDA of $(10.0) million in the third quarter of 2019;
  • GAAP net loss was $(6.7) million and GAAP basic and diluted net loss per share was $(0.56);
  • Sources of cash totaled $23.3 million as of September 30, 2020.

Business Highlights

  • Closed business combination with Software Acquisition Group, Inc. (NASDAQ: SAQN) and began trading on the NASDAQ exchange under ticker symbol “CURI” on October 15, 2020, becoming the first streaming media company devoted to factual entertainment to go public;
  • Named international media executive Bakori Davis to the newly created position of Managing Director and Head of International Distribution;
  • Named industry veteran Nate Stamos VP of Brand Partnerships;
  • Appointed entertainment and cable industry pioneer Matthew Blank, former Chairman and CEO of Showtime Networks, Inc., to CuriosityStream’s Board of Directors;
  • Announced several brand-defining original series including MY WILD BACKYARD,the third season of 4th AND FOREVER, DOUG TO THE RESCUE and NATURE THROUGH HER EYES;
  • In a separate release today, CuriosityStream announced the November 19th, 2020 world premiere of the original new series BEYOND THE SPOTLIGHT from Executive Producer Leonardo DiCaprio and Appian Way Productions and Stephen David Entertainment. First episodes feature Shaquille O’Neal, Kristen Bell and Samuel L. Jackson and LaTanya Richardson Jackson.

Financial Outlook

For the fourth quarter of 2020, CuriosityStream currently expects the following:

  • Revenue of at least $11.3 million, or 69% year-over-year growth

For the full year 2020 & 2021, CuriosityStream currently expects the following:

  • 2020 revenue of at least $39.5 million, or 119% year-over-year growth
  • 2021 revenue of at least $71 million, or 80% year-over-year growth

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