September 17, 2012: Volume 19, Number 18

K12 Revenue Grows 35.6%

Revenue at K12 Inc. (Herndon, VA) increased 35.6% to $708.4 million in fiscal 2012, ended June 30, compared to fiscal 2011, capped by a strong fourth-quarter with revenue up 32.8% to ...

K12 in Eye of Probe in Florida

In an already challenging elementary-high school landscape, virtual school operator K12 Inc. (Herndon, VA) is in the midst of a probe in Florida into how it staffs its programs. ...

ePals Revenue Up in Q2

Education technology and social learning community provider ePals Corp. (Herndon, Va.) second-quarter revenue was $3 million, an increase of $2.51 million from second quarter 2011 ...

Edmodo Rolls Out New Version

Edmodo (San Mateo, CA), in September, began rolling out to users a new version of its social learning network for teachers, students and parents. The new version is intended to make ...

M&A Interested in Education Technology

Educational technology offerings have been increasingly attractive candidates for acquirers since 2010, and indications are that will continue through the second half of 2012 and into ...

Teachers Seek Professional Learning Opportunities

Every teacher should have the opportunity to share their creativity, former U.S. chief technology officer Aneesh Chopra told attendees of the Sept. 13 New York Times Schools for ...

Sequestration Looms as Threat

The possible impact of sequestration, an across-the-board cut to most federal spending programs in January 2013 if Congress does not enact a plan before then to reduce the national ...

S&P Lowers Cambium Rating

Cambium Learning Group’s (Dallas) corporate credit rating was lowered by the Standard & Poor’s Rating Service in September from B- to CCC, with the S&P maintaining a ...

DATABANK