PowerSchool Holdings, Inc. - PWSC STOCK NEWS

PowerSchool (NYSE: PWSC) has partnered with Visions In Education Charter School in Carmichael, California, to implement its Naviance platform as the primary solution for college, career, and life readiness (CCLR). This initiative aims to enhance educational resources for over 6,500 students across multiple California counties. Naviance offers essential tools for students to assess their strengths, explore postsecondary options, and stay organized. The partnership addresses previous operational challenges faced by Visions in managing its CCLR program effectively.

PowerSchool (NYSE: PWSC) announced that its Unified Insights platform has won a Cool Tool award in the Best Learning Analytics/Data Mining Solution category at The EdTech Awards 2022 by EdTech Digest. This recognition underscores PowerSchool's commitment to providing innovative, reliable solutions for K-12 education. Unified Insights aggregates data to improve student and administrative outcomes, enhancing accountability and performance tracking. PowerSchool serves over 45 million students globally and partners with more than 14,000 customers.

PowerSchool (NYSE: PWSC) has announced that the Southeastern Career Center (SCC) in Versailles, Indiana, selected its Student Information System (SIS) and Ecollect Forms for the 2022-2023 academic year. This integration aims to improve district performance monitoring, enhance real-time engagement, and streamline digital K-12 form operations. PowerSchool's tools promise better collaboration, communication, and reporting for staff, students, and parents. SCC previously faced operational challenges without an SIS, relying on manual tracking methods.

PowerSchool (NYSE: PWSC) announced the integration of the Danielson Group’s Framework for Teaching into its Unified Talent™ Perform platform. This enhancement streamlines K-12 evaluations, reducing administrative burdens by up to 80% while providing actionable feedback for educators. The integration aims to support personalized professional development, ultimately increasing teacher retention. PowerSchool serves over 45 million students across more than 14,000 customers, including over 90% of the top 100 districts in the U.S.

PowerSchool (NYSE: PWSC) announced that Marple Newtown School District in Pennsylvania has switched to its Schoology Learning platform from Google Classroom. The district reported positive changes in teacher and student engagement, benefitting from features like an intuitive interface for elementary learners and improved standards-based mastery tracking. The district's educators also highlighted enhanced parent engagement and retention of Google-based tools functionality. Additionally, MNSD has added PowerSchool Unified Classroom® Performance Matters to further support academic performance management.

PowerSchool (NYSE: PWSC) announced that Al Ittihad National Private Schools in the UAE will expand their use of PowerSchool's technology, adding eight solutions to streamline data management and enhance decision-making across five schools. These solutions include the PowerSchool Student Information System, Unified Talent Perform, and Unified Classroom Performance Matters. This investment aims to foster improved educational outcomes by providing administrators with better visibility into student data and simplifying workflows.

PowerSchool reported a robust start to 2022 with a first-quarter revenue of $149.6 million, reflecting a 26.6% year-over-year growth. Subscriptions and Support revenue reached $129.8 million, up 25.9%. Despite a net loss of $14.1 million, non-GAAP net income was $31.1 million, showcasing a 20.8% margin. The company’s Annual Recurring Revenue (ARR) grew by 8.6% to $556.7 million. PowerSchool anticipates second-quarter revenue between $154 million and $156 million, and a full-year revenue estimate of $623 million to $627 million.

PowerSchool (NYSE: PWSC) has been awarded three Stevie® Awards at the 20th annual American Business Awards®, including two Gold awards for Best Administrative Solution and Best Education Platform for PK-20, alongside a Silver award for Best PK-12 Personalized Learning Solution. These accolades reflect PowerSchool's commitment to enhancing educational technology and supporting optimal learning environments for over 45 million students globally.

PowerSchool (NYSE: PWSC) announces the successful implementation of its unified educational technology solutions at Veritas Preparatory Charter School in Springfield, MA. The school's adoption of PowerSchool's tools has led to enhanced monitoring of student and educator performance, identification of learning gaps, and improved curriculum development. Key products used include Performance Matters, which has significantly aided in tracking academic performance and supporting at-risk students. VPCS aims to continue leveraging PowerSchool's offerings, indicating a commitment to long-term partnership.