Business Headlines

PLATO Learning Reports Fourth Quarter and Fiscal Year 2008 Results

PLATO Learning, Inc. —Wednesday, December 03, 2008 PLATO Learning, Inc. announced results for its fiscal 2008 fourth quarter and year ended October 31, 2008. Total revenue for the fourth quarter was $17.4 million, compared to $18.2 million in the fourth quarter of 2007, reflecting lower perpetual license fees and maintenance revenues from legacy products. Read more.

New Offering To Help Publishers Transition from Print to Digital

Educational Systemics —Tuesday, December 02, 2008 Educational Systemics and Full Potential Associates announced a joint offering to help K-12 publishers transition from print to digital to generate revenue and keep pace with 21st century demands. Read more.

Haights Cross Communications Reports Third Quarter 2008 Results

Haights Cross Communications, Inc. —Saturday, November 22, 2008 Revenue for the third quarter 2008 was $49.1 million, representing an increase of $1.5 million, or 3.1% compared to revenue of $47.6 million for the third quarter 2007. This reflects growth in the Library segment on strong performances from the school and library channels. Read more.

NEF Offers $100 Million Matching Grant to School Districts

National Education Foundation —Thursday, November 20, 2008 NEF is working to leverage a $1 billion dollar U.S. Treasury program that permits the states to allow disadvantaged school districts to borrow money at zero interest to support their critical needs uisng Qualified Zone Academy Bonds (QZAB). NEF has teamed up with banks to make it possible for all eligible schools -- those with 35% of students on free or reduced lunch -- to receive QZAB funds for renovation, equipment, curriculum, professional development etc. Read more.

Dollar Value of Deals in Education/Reference Publishing Evaporates

Whitestone Communications —Monday, November 17, 2008 While the number of transactions in the Education/Reference publishing sector in the third quarter of 2008 remained about level with the prior and year ago quarters, the the total dollar value of deals nosedived, reports merger and acquisition advisory firm Whitestone Communications. Read more.

Siboney Corporation Announces Results for the Third Quarter and Nine Months Ended September 30, 2008

Siboney Corporation —Saturday, November 15, 2008 Siboney Corporation announced today that revenues for the third quarter ended September 30, 2008 were $1,244,892, a 16% decrease from $1,486,094 for the third quarter of 2007. Read more.

K12 Inc. Reports First Quarter 2009 Results; K12's Quarterly Revenue up 49% on Strong Enrollment Growth

K12 Inc. —Saturday, November 15, 2008 Revenues for the first quarter grew to $88.6 million, an increase of 49.3 percent over the first quarter in the prior year, primarily due to strong enrollment growth. EBITDA increased 64.9 percent to $13.6 million for the first quarter of fiscal year 2009 (FY 2009) over the same quarter in the prior year. Read more.

SMART Strengthens Lead in US Interactive Whiteboard Market

SMART Technologies —Saturday, November 15, 2008 SMART Technologies announces its continued leadership of the interactive whiteboard product category in the United States with the sale of over 64,000 SMART Boardâ„¢ interactive whiteboards - its strongest sales quarter in history. Read more.

The American Education Corporation Announces Record Revenues and Increased Earnings and Orders for the Third Quarter of 2008

American Education Corporation —Tuesday, November 11, 2008 Revenues for the quarterly and nine-month periods grew by approximately 27 percent and 13 percent, respectively, over the 2007 prior-year periods. For the 2008 quarterly period ended September 30, 2008, net after-tax income increased 53 percent from $269,250 to $412,073.... Read more.

Scientific Learning Reports Third Quarter Growth in Revenue, Net Income and EPS

Scientific Learning Corp. —Monday, November 10, 2008 Scientific Learning announced its results for the quarter ended September 30, 2008. Revenue increased 12% to $12.7 million from $11.3 million for the same period in 2007, net income increased 140% to $590,000 from $246,000 in the third quarter of 2007 and earnings per share increased from $0.01 to $0.03. Read more.

Pages 1 2