Welcome to our dedicated page for PowerSchool Holdings news (Ticker: PWSC), a resource for investors and traders seeking the latest updates and insights on PowerSchool Holdings stock.
PowerSchool Holdings, Inc. (PWSC) is a leading provider of cloud-based software dedicated to the K-12 education sector. Serving over 40 million users across the US, Canada, and more than 70 countries, PowerSchool is the most widely-used student information system (SIS). The platform is pivotal in K-12 education, acting as a central hub for educational ecosystems by offering robust features and APIs that enable teachers, parents, students, and administrators to effectively manage school processes and student data.
PowerSchool’s comprehensive suite of tools includes state reporting, compliance management, special education, finance, human resources, talent management, registration, attendance, funding, learning, instruction, grading, college and career readiness, assessments, and analytics. This unified platform streamlines operations, aggregates diverse data sets, and leverages predictive modeling and machine learning to generate valuable insights.
Available on most mobile devices, PowerSchool offers intuitive teacher tools and powerful reporting capabilities, ensuring that educational stakeholders can connect and manage various technologies used in classrooms, schools, and districts seamlessly.
The company’s revenue model is diverse, including subscription services, perpetual software licenses, maintenance and support services, and professional services. Recent achievements and ongoing projects continuously enhance the platform's functionality, ensuring it meets the evolving needs of the K-12 educational landscape.
Stay updated with the latest developments and performance metrics of PowerSchool Holdings, Inc. through regular news updates and reports.
PowerSchool (NYSE: PWSC) has renewed its partnership with Esol Education, enabling over six international schools to enhance their digitization efforts in key areas such as assessment and enrollment. The collaboration has proven beneficial for both parties, optimizing operations through integrated solutions like PowerSchool Unified Classroom and Enrollment Express. Esol Education serves over 10,000 students globally, while PowerSchool supports more than 45 million students worldwide, affirming the significance of their partnership in improving educational outcomes.
PowerSchool (NYSE: PWSC) announced the implementation of its Unified Talent solutions by Fredericksburg Independent School District (FISD) in Texas, enhancing their teacher and substitute onboarding process. Previously reliant on paper, FISD has transitioned to digital systems, facilitating job postings, application tracking, and HR management. This shift not only streamlines the onboarding process but also improves transparency and efficiency. The district serves over 3,000 students across six campuses.
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.
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