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Powerschool Holdings Inc - PWSC STOCK NEWS

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) delivers critical education technology solutions for K-12 institutions worldwide. This news hub provides investors and stakeholders with timely updates on the company’s strategic developments, financial performance, and product innovations.

Access consolidated coverage of earnings announcements, technology partnerships, and platform enhancements that shape Powerschool’s role in modern education ecosystems. Our repository ensures you stay informed about operational milestones, regulatory updates, and market trends impacting this leading student information system provider.

Key updates include developments in cloud-based data management, district-level software adoption, and integrations with third-party education tools. Bookmark this page for efficient tracking of how PWSC addresses evolving needs in school administration and digital learning infrastructure.

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PowerSchool (NYSE: PWSC) has launched its education software platform in Arabic, targeting schools in the Middle East and Arabic-speaking regions globally. Newly localized features include Arabic translations, right-to-left interface display, and Hijri calendar integration. With these updates, educators can more effectively manage administrative tasks, promote personalized learning, and improve communication with Arabic-speaking parents through solutions like Schoology Learning, Enrollment Express, and Ecollect Forms. PowerBuddy, the AI-powered assistant, is also set to support multiple languages soon. This launch aligns with the UAE's focus on digital transformation in education and aims to enhance collaboration, student achievement, and accessibility.

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PowerSchool Holdings (NYSE: PWSC), a leading provider of cloud-based software for K-12 education, has agreed to be acquired by Bain Capital for $5.6 billion.

Stockholders will receive $22.80 per share in cash, a 37% premium over PowerSchool's pre-announcement share price of $16.64.

The acquisition will see PowerSchool becoming a privately held company, with no interruption in its business operations and customer service. The deal is expected to close in the second half of 2024, pending regulatory approvals.

Bain Capital aims to leverage PowerSchool's innovative solutions, including its AI platform, PowerBuddy, to drive growth and global reach. Existing investors Vista Equity Partners and Onex Partners will retain minority stakes.

PowerSchool’s tax receivable agreement was amended to cancel payments worth approximately $450 million.

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PowerSchool Holdings, a cloud-based software provider for K-12 education, announced its executive team's participation in three major investor conferences in Q2 2024.

The events include the Baird 2024 Global Consumer, Technology & Services Conference in New York on June 4, featuring President & CFO Eric Shander, and the Bank of America Global Technology Conference in San Francisco on the same day, with CEO Hardeep Gulati presenting.

Additionally, Shander will present at the William Blair 44th Annual Growth Stock Conference in Chicago on June 5.

Details and webcasts are available on PowerSchool's Investor Relations website.

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PowerSchool announced its first quarter financial results, revealing a 16% increase in total revenue to $185.0 million. The company reported a GAAP net loss of $22.8 million, representing 12% of total revenue, and an Adjusted EBITDA increase of 24% year-over-year to $61.3 million. ARR saw an 18% growth over the prior year to $720.3 million as of March 31, 2024. PowerSchool continued to see strong market demand for its K-12 education software, driving double-digit ARR and revenue growth. The company's focus on operating leverage led to a 2-percentage point improvement in its adjusted EBITDA margin. Key business highlights included customer wins, AI solutions launch, AI readiness initiatives, international expansion, and leadership additions.

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PowerSchool Holdings, Inc. (NYSE: PWSC) will announce its first quarter 2024 financial results on May 7, 2024. The leading provider of cloud-based software for K-12 education in North America will host a conference call and live webcast to discuss the results.
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PowerSchool introduces PowerBuddy™ for Learning and PowerBuddy™ for Assessment, AI tools to enhance personalized education and reduce teacher workloads. These AI assistants aim to revolutionize classroom efficiency and student learning experience.
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Message Broadcast, a customer engagement software provider for the electric utility industry, has been acquired by OceanSound Partners and Energy Impact Partners from LINK Mobility. The acquisition aims to boost innovation, increase investment, and enhance customer value. Maulik Datanwala has been appointed as the new CEO to lead the company's growth. Message Broadcast's platform automates communication workflows for utilities, financial services, telecom, and healthcare sectors, catering to 50% of the top 25 U.S. electric utilities.
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PWSC Summit highlights security, data access, responsible AI use, personalized education, and workforce development.
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PowerSchool Holdings, Inc. (NYSE: PWSC) reported a 13% increase in fourth-quarter revenue to $182.1 million and an 11% increase in full-year revenue to $697.7 million. Adjusted EBITDA rose 12% in Q4 and 18% for the year. The company exceeded outlooks, with ARR reaching $701.5 million. PowerSchool highlighted customer growth, platform expansion through the acquisition of Allovue, and AI-driven innovations like PowerBuddy™.
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PowerSchool (NYSE: PWSC) joins UNESCO’s Global Education Coalition to support digital transformation in education, aligning with the company's mission to provide tailored support for educators, administrators, and families. The partnership aims to leverage digital technologies and data solutions to improve education quality and equity, impacting 400 million learners and 12 million teachers in over 100 countries.
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Powerschool Holdings Inc

NYSE:PWSC

PWSC Rankings

PWSC Stock Data

3.80B
61.14M
0.6%
102.31%
3.88%
Software - Application
Services-prepackaged Software
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United States
FOLSOM