Welcome to our dedicated page for ZVO news (Ticker: ZVO), a resource for investors and traders seeking the latest updates and insights on ZVO stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect ZVO's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of ZVO's position in the market.
TutorMe and Richland School District Two announced a partnership to provide over 28,000 K-12 students with free access to TutorMe's online tutoring services for the 2021-2022 school year. The agreement allows students to receive personalized, on-demand tutoring from more than 15,000 available tutors across 300 subjects. Richland Two's Superintendent emphasized the importance of this initiative in helping students navigate academic challenges exacerbated by the pandemic. TutorMe's platform includes features like video chat and a virtual whiteboard, ensuring comprehensive educational support.
TutorMe, a subsidiary of Zovio, has partnered with Red Lake Nation College to provide students with free access to its 24/7 online tutoring service for the remainder of the 2021-2022 school year. With over 15,000 tutors available across more than 300 subjects, TutorMe offers personalized 1-on-1 sessions that can accommodate students' schedules. This collaboration aligns with Red Lake Nation College's mission to enhance academic support. TutorMe is recognized nationally for its educational services, aiding over 1.5 million students since its inception in 2013.
TutorMe, a subsidiary of Zovio, has partnered with Oklahoma City Public Schools (OKCPS) to provide free online tutoring access to over 35,000 K-12 students for the 2021-2022 school year. The platform offers 24/7 tutoring in more than 300 subjects with over 15,000 tutors. This initiative aims to enhance academic support, particularly during independent and asynchronous learning. OKCPS emphasizes the significance of TutorMe's services in improving educational equity and student outcomes.
Fullstack Academy has partnered with upGrad to launch Caltech's Cybersecurity and Data Analytics Bootcamps in India. This initiative aims to address the increasing demand for tech jobs, driven by a report indicating that digital skill requirements will multiply nine-fold by 2025. The online bootcamps will provide comprehensive training for professionals with limited technical background, equipping them for lucrative tech roles. Graduates will receive a certificate from Caltech and career support from upGrad, with programs starting in March and April 2022.
The University of Arizona Global Campus (UAGC) has partnered with the National Sheriffs' Association to offer a 35% tuition discount for its members and their families on bachelor's and master's programs. This initiative targets 22,000 members nationwide and is designed to accommodate the demanding schedules of law enforcement professionals through flexible online learning. The program is managed by Zovio Employer Solutions, which collaborates with over 1,300 organizations to provide tuition assistance. UAGC offers more than 50 degrees and is an accredited online institution.
Zovio Inc (Nasdaq: ZVO) announced the grant of inducement awards to its new CEO, Randy Hendricks, as required by Nasdaq rules. On December 6, 2021, the Board approved 574,138 Restricted Stock Units (RSUs) vesting over three years, with the first vesting on December 6, 2022. Hendricks is also granted 1,150,000 Performance Stock Units (PSUs) with a single vesting date in 2025, contingent on performance metrics. An additional 1,150,000 PSUs may be earned for exceeding targets, all contingent on continued employment through vesting dates.
On December 1, 2021, Zovio (Nasdaq: ZVO) appointed Randy Hendricks as its new Chief Executive Officer, effective December 6, 2021. He succeeds George Pernsteiner, who will return to his role as Chairman of the Board. Hendricks, with over 30 years of experience in technology and client services, previously held senior positions at Huron Consulting Group and Workday. The Board expressed confidence in his ability to drive growth and innovation at Zovio, transitioning the company towards an education technology services focus, helping partners and learners achieve their goals.
TutorMe has partnered with Saint Paul Public School District to provide over 33,000 K-12 students with free access to its 24/7 online tutoring services for the 2021-2022 school year. This partnership aims to address academic gaps caused by COVID-19 and enhance learning recovery. TutorMe offers over 15,000 tutors across more than 300 subjects, providing personalized 1-on-1 tutoring and interactive virtual classroom features. This initiative underscores TutorMe's commitment to educational equity and support for students and families.
Zovio Inc (NASDAQ: ZVO) reported its financial results for Q3 and the first nine months of 2021, revealing a significant decline in revenue and increased operating losses. For Q3, revenue dropped to $62.2 million from $102.2 million year-over-year, with a net loss of $5.2 million compared to a net income of $1.1 million in Q3 2020. For the nine months, revenue was $208.3 million, down from $304.0 million, resulting in a net loss of $18.7 million. Despite these challenges, the company aims to stabilize retention and enhance student outcomes through partnerships.
FAQ
What is the market cap of ZVO (ZVO)?
