August 14, 2020 | Volume 51, Number 17

Revenue Down, but HMH Sees Increased Demand

Education segment revenue at Houghton Mifflin Harcourt (Boston) decreased 38.2% to $216.1 million in the second quarter and was down 27% to $367.6 million in the first half of the ...

Chegg Revenue Grows 63% in Q2

Chegg (Santa Clara, CA) once again generated strong revenue and operating growth in the first half of the year and plans to accelerate investments in the rest of the year to facilitate ...

Chegg Names Woodie Dixon Jr. as General Counsel

Chegg (Santa Clara, CA) in August named Woodie Dixon Jr. general counsel, effective September 8.Dixon currently is general counsel and senior vice president of business affairs for the ...

COVID-19 Adds to Erosion of State Testing

When Pearson (London/Hoboken, NJ) in July said it had won two new testing contracts and signed renewals in several states (including Arizona, Minnesota, New Jersey, Tennessee, ...

Companies Focus on Formative Assessment

One of the burgeoning areas in the K-12 school market is embedded assessment to provide ongoing and non-pressured evaluations of student learning needs. Their appeal is particularly ...

2U Benefits from Evolving Online Ed Market

One year ago, online program management and short-course provider 2U (Lanham, MD) CEO Chris Paucek described the online education market as evolving and said the company was changing ...

2U Makes Stock Offering

2U (Lanham, MD) on August 5 commenced an underwritten public offering of 6,800,000 shares of its common stock at a price to the public of $45.50 per share.In addition, 2U granted the ...

News Briefs, Aug. 14, 2020

Cengage (Boston) in August expanded its options for students to obtain course materials with the launch of Cengage Unlimited eTextbooks, which gives students access to 14,000 ...

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