November 6, 2020 | Volume 51, Number 22

HMH Revenue Down; Explores Sale of Books & Media

The only positive financials in Houghton Mifflin Harcourt’s (Boston) third-quarter update were in the Books & Media segment, for which the company has decided explore a sale.The ...

International Penetration Enhances Chegg’s Growth

Online student services provider Chegg (Santa Clara, CA) in the third quarter continued to outperform most of its projections in the U.S. and abroad. Services revenue of $118.9 million ...

Warnings of More Hi Ed Enrollment, Funding Pressures

The higher education sector is under pressure with institutions concerned about revenue and enrollment, according to recent studies.The College Board’s (New York) 2020 report on ...

McGraw Hill Sees Double-Digit Digital Billings Growth

McGraw Hill reported double-digit growth in Higher Education segment digital billings and company digital billings in a preliminary look at financial results for the fiscal six-month ...

Alternative Credential Programs Boost 2U Results

Online program management provider 2U (Lanham, MD) generated$201.1 million in revenue in the third quarter, up 30.7% while decreasing the operating loss to -$45.9 million. In the ...

Netflix + Norfolk State + 2U Aim to Increase Black Representation in Tech

Norfolk State University (VA), Netflix and 2U (Lanham, MD) in October forged a partnership to launch the Netflix Virtual HBCU Boot Camps—three fully-funded, online boot camps for ...

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