PowerSchool Holdings, Inc. - PWSC STOCK NEWS

PowerSchool (NYSE: PWSC) has renewed its contract with Mercer County Public Schools (MCPS) in West Virginia for PowerSchool Unified Talent SmartFind Express, a system benefiting substitute teacher management. This renewal highlights MCPS's improved efficiency in filling substitute positions and staffing needs, especially critical during the pandemic. The platform has streamlined administrative tasks and enhanced student learning experiences through its integration with Schoology Learning. PowerSchool continues to support over 13,000 educational institutions across North America.

PowerSchool Holdings, Inc. (NYSE: PWSC) reported robust financial results for Q4 and FY2021, with total revenue of $146.1 million in Q4, up 25.8% year-over-year. The annual revenue reached $558.6 million, marking a 28.4% increase. While the company achieved a record Annual Recurring Revenue (ARR) of $538.6 million, it also reported a net loss of $43.1 million for the year. Looking ahead, PowerSchool anticipates Q1 2022 revenue of $145-$148 million and annual revenue between $620-$626 million. CEO Hardeep Gulati emphasized continued growth potential through cross-selling and strategic acquisitions.

PowerSchool Holdings, Inc. (NYSE: PWSC), a leader in cloud-based K-12 education software in North America, has announced CEO Hardeep Gulati's participation in a virtual fireside chat during Jefferies’ Online Education / e-Learning Summit on March 14, 2022, at 8:30 a.m. PT. A live webcast of this event will be available via PowerSchool’s Investor Relations website, with an archive accessible for 30 days post-event. PowerSchool serves over 45 million students globally and partners with more than 13,000 customers, including many top U.S. school districts, aiming to enhance educational outcomes.

PowerSchool (NYSE: PWSC) has been selected by Pasco County Schools in Florida to implement its college, career, and life readiness platform, Naviance. This partnership aims to enhance student support for over 81,000 students in the district. Naviance will help students explore their strengths and interests, while PowerSchool's Unified Talent solutions streamline talent management and student monitoring. With this selection, Pasco County Schools joins over 10 million students using Naviance across the U.S., emphasizing PowerSchool's role in advancing educational technology.

PowerSchool, a leader in cloud-based K-12 education software, released its 2022 K-12 Talent Index Education Research Report, highlighting insights from over 300 education experts. The report discusses effective use of COVID relief funds, attributes of organizations with high staff retention, and strategies for effective onboarding of new hires. A webinar titled Traits of High-Performing Districts will be held on March 1, 2022, to further explore these findings. PowerSchool supports over 45 million students and 13,000 customers worldwide.

PowerSchool (NYSE: PWSC) has expanded its partnership with Plan Ceibal, enhancing education access for 800,000 students in Uruguay. Leveraging the PowerSchool Unified Classroom® Schoology Learning platform, Plan Ceibal aims to improve instruction and student performance monitoring. The initiative highlights substantial engagement, with over 93% of students and 94% of teachers using the platform during the COVID-19 pandemic. Since 2014, the collaboration has strengthened, providing tailored curriculums and better teacher-student interaction.

PowerSchool (NYSE: PWSC) has expanded its solutions for the Visalia Unified School District (VUSD) in Tulare County, California. By integrating Performance Matters and Unified Insights with its existing Student Information System, VUSD aims to enhance educational assessments and data-driven decision-making. The district, which serves 32,000 students, will benefit from personalized assessments, improved data visualization, and better learning outcomes for students.

PowerSchool will host a free webinar on February 17 at 12 p.m. Pacific time, focusing on social and emotional learning (SEL) best practices in K-12 education. Co-presented by CASEL's Melissa Schlinger and educator Michael Bonner, the webinar will explore how SEL can enhance whole-child instruction. This initiative responds to the growing demand for SEL tools, with 70% of principals prioritizing them as of 2019. PowerSchool's acquisition of Kickboard supports this mission. Interested individuals can register for the live event or access the on-demand version afterward.