Campus

Coursera Reports First Quarter 2024 Financial Results

Retrieved on: 
Lunedì, Aprile 29, 2024

Coursera, Inc. (NYSE: COUR) today announced financial results for its first quarter ended March 31, 2024.

Key Points: 
  • Coursera, Inc. (NYSE: COUR) today announced financial results for its first quarter ended March 31, 2024.
  • Broadened access to the Coursera Coach beta program for paying Consumer learners, as well as our Coursera for Business and Coursera for Government customers.
  • We have provided a reconciliation of GAAP to non-GAAP financial measures in the financial statement tables for our historical non-GAAP financial results included in this press release.
  • As previously announced, Coursera will hold a conference call to discuss its first quarter 2024 performance today, April 29, 2024, at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time).

BREAKING BOUNDARIES: SHEIN x BREAKAWAY UNITE FOR INCLUSIVE MUSIC FESTIVALS

Retrieved on: 
Lunedì, Aprile 22, 2024

LOS ANGELES, April 22, 2024 /PRNewswire/ -- SHEIN, a global online fashion and lifestyle retailer, announced it is teaming up with BREAKAWAY Music Festival, the nationwide multi-venue festival renowned for its groundbreaking performances and vibrant community experiences. Together, they are on a mission to unlock the beat for music fans across cities often left off the festival map by bringing major performances to diverse local communities and serving the freshest styles that will not break the bank! The collaboration between SHEIN and BREAKAWAY Music Festival represents a commitment to inclusion and community engagement, redefining the festival experience.

Key Points: 
  • LOS ANGELES, April 22, 2024 /PRNewswire/ -- SHEIN , a global online fashion and lifestyle retailer, announced it is teaming up with BREAKAWAY Music Festival , the nationwide multi-venue festival renowned for its groundbreaking performances and vibrant community experiences.
  • The collaboration between SHEIN and BREAKAWAY Music Festival represents a commitment to inclusion and community engagement, redefining the festival experience.
  • SHEIN also plans to release an exclusive BREAKAWAY collection, allowing fans to purchase merchandise and trendy festival gear online.
  • For more information about SHEIN and BREAKAWAY Music Festival, please visit: www.shein.com .

LKN Mechanical joins Early Employment Program at NASCAR Technical Institute

Retrieved on: 
Martedì, Aprile 16, 2024

MOORESVILLE, N.C., April 16, 2024 /PRNewswire/ -- Universal Technical Institute today announced the addition of LKN Mechanical, Inc. to its early employment program at NASCAR Technical Insitute in Mooresville (N.C.). Universal Technical Institute is the transportation, skilled trades and energy education division of Universal Technical Institute, Inc. 

Key Points: 
  • MOORESVILLE, N.C., April 16, 2024 /PRNewswire/ -- Universal Technical Institute today announced the addition of LKN Mechanical, Inc. to its early employment program at NASCAR Technical Insitute in Mooresville (N.C.) .
  • Universal Technical Institute is the transportation, skilled trades and energy education division of Universal Technical Institute, Inc.
    As part of this agreement, NASCAR Tech students in the 39-week HVACR program hired by LKN Mechanical can work up to 20-30 paid hours weekly while attending school.
  • NASCAR Tech students who work at LKN Mechanical after graduation can participate in their Tuition Reimbursement Program.
  • We are thrilled that LKN Mechanical is providing these valuable options to our HVACR students," shared Regional Vice President and Campus President Robert Kessler.

Campus NaaS and Public Cloud-Managed LAN Revenues to Exceed $12 B in 2028, According to Dell'Oro Group

Retrieved on: 
Martedì, Aprile 2, 2024

REDWOOD CITY, Calif., April 2, 2024 /PRNewswire/ -- Dell'Oro Group, the trusted source for market information about the telecommunications, security, networks, and data center industries, projects that Campus Network as a Service (CNaaS) revenues will double in 2024 in the midst of a LAN equipment market contraction.

Key Points: 
  • "Campus NaaS uses cloud-managed equipment to simplify LAN connectivity for enterprises," said Siân Morgan, Wireless LAN Research Director at Dell'Oro Group.
  • "Public Cloud-Managed LAN equipment has always grown faster than the overall LAN equipment market, but that growth differential is narrowing.
  • Additional highlights from the Campus NaaS and Public Cloud-Managed LAN Advanced Research Report:
    On average, unit pricing for LAN equipment is forecasted to decline over the next five years now that lead times have returned to normal.
  • Recurring license revenues outgrew expectations in 2023, promising to contribute considerable revenues to both Public Cloud-Managed LAN and to CNaaS.

Transact Announces 2024 Transact Distinction Award Winners

Retrieved on: 
Mercoledì, Marzo 6, 2024

Transact Campus, Inc. , “Transact,” the award-winning leader in innovative campus technology and payment solutions, today announced the recipients of its annual Transact Distinction Awards , which were honored at this year’s Transact 360 Annual Users Conference in Las Vegas.

Key Points: 
  • Transact Campus, Inc. , “Transact,” the award-winning leader in innovative campus technology and payment solutions, today announced the recipients of its annual Transact Distinction Awards , which were honored at this year’s Transact 360 Annual Users Conference in Las Vegas.
  • The conference serves as a robust gathering of thought leaders, industry experts and top companies in the payments, campus ID and commerce solutions industries to share insights, innovations, and new perspectives.
  • The Transact Distinction Awards celebrate institutions that demonstrate an exceptional commitment to enhancing the campus experience through innovative technology.
  • This year, the awards program honored 14 winners across four categories, including New Client of Distinction, Distinction Award for Student Experience, Distinction Award for Marketing and Outreach and the Distinction Award for Innovation.

Transact Launches Sponsor Payments to Modernize Bulk Payments of Student Tuition and Fees

Retrieved on: 
Martedì, Marzo 5, 2024

Transact Campus, Inc. , “Transact,” the award-winning leader in innovative campus technology and payment solutions, today announced the launch of Transact Sponsor Payments , a business-to-business payment portal for third-party payors to easily make bulk payments towards student tuition and fees to Higher Education Finance Offices.

Key Points: 
  • Transact Campus, Inc. , “Transact,” the award-winning leader in innovative campus technology and payment solutions, today announced the launch of Transact Sponsor Payments , a business-to-business payment portal for third-party payors to easily make bulk payments towards student tuition and fees to Higher Education Finance Offices.
  • Transact Sponsor Payments is implementing integrations across a variety of Student Information Systems, opening it up to a wide array of universities.
  • “Historically, university payment systems for third-party sponsor payments have been manual and time-consuming, adding complexity to collecting and reconciling tuition payments in a timely fashion,” said Laura Newell-McLaughlin, EVP, Integrated Payments and Campus Commerce at Transact.
  • “With Transact Sponsor Payments, we’re bringing universities, sponsors and students a tool that simplifies the billing and payment process for all.”
    Transact Sponsor Payments automates sponsor payment processes in a streamlined portal that’s seamlessly integrated into existing payment solutions.

Transact Announces Alex Bradley as New Chief Financial Officer

Retrieved on: 
Giovedì, Febbraio 29, 2024

Transact Campus, Inc. , “Transact,” the award-winning leader in innovative campus technology and payment solutions, today announced the hiring of Alex Bradley as new Chief Financial Officer (CFO) for the company.

Key Points: 
  • Transact Campus, Inc. , “Transact,” the award-winning leader in innovative campus technology and payment solutions, today announced the hiring of Alex Bradley as new Chief Financial Officer (CFO) for the company.
  • With over 20 years of experience in finance, Bradley brings a wealth of knowledge and expertise to his new role.
  • "We are thrilled to welcome Alex to our team, as a highly effective leader and trusted partner," said Nancy Langer, CEO, Transact.
  • "I am excited to embark on this journey with Transact and look forward to contributing to its continued success," said Alex Bradley, CFO, Transact.

Burb Opens Cannabis Retail Store at the University of British Columbia (UBC) this February 23rd

Retrieved on: 
Martedì, Febbraio 20, 2024

VANCOUVER, BC, Feb. 20, 2024 /CNW/ - Burb Cannabis Corp. ("Burb" or the "Company"), an international cannabis culture brand and high-end retailer of branded products and apparel, has announced the grand opening date of its eighth cannabis retail store at the University of British Columbia (UBC) – the first dispensary at a major University Campus in the world.

Key Points: 
  • VANCOUVER, BC, Feb. 20, 2024 /CNW/ - Burb Cannabis Corp. ("Burb" or the "Company"), an international cannabis culture brand and high-end retailer of branded products and apparel, has announced the grand opening date of its eighth cannabis retail store at the University of British Columbia (UBC) – the first dispensary at a major University Campus in the world.
  • "This is a significant milestone for our company, not only because it's our eighth store, the current cap limit in BC for any single retail brand, but also because it's the first cannabis retail store to open on a major university campus anywhere in the world," said John Kaye, CEO and Co-Founder at Burb.
  • Burb's UBC location will carry a curated menu from flower, pre-rolls and concentrates to topicals, edibles and much more.
  • The store will operate Monday through Saturday from 9am to 11pm and Sunday from 10am to 10pm.

Canva Surpasses 60 Million Education Users as Partnerships Surge With Schools Eager for Cutting-Edge Learning Tools

Retrieved on: 
Giovedì, Febbraio 15, 2024

“The rapid growth we’ve seen in our education product reflects the increasing demand for visual communication tools and visual literacy in the classroom.

Key Points: 
  • “The rapid growth we’ve seen in our education product reflects the increasing demand for visual communication tools and visual literacy in the classroom.
  • Since launching these products, Canva has welcomed over 10 million new education users to its platform in just three months, reaching 60 million users globally, and underscoring the demand for a comprehensive learning tool for students and educators.
  • Over the past year, Canva launched partnerships with local schools across Europe, including Rocket School in France, I.E Business School in Spain, and has recently partnered with Poland's Ministry of Education where Canva will be providing its tools to over 5 million users across Polish schools.
  • With a presence in over 600,000 schools worldwide, Canva is at the forefront of a new era in education, democratizing advanced learning tools and making them more accessible and engaging than ever before.

Coursera Reports Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Giovedì, Febbraio 1, 2024

Coursera, Inc. (NYSE: COUR) today announced financial results for its fourth quarter and full year ended December 31, 2023.

Key Points: 
  • Coursera, Inc. (NYSE: COUR) today announced financial results for its fourth quarter and full year ended December 31, 2023.
  • “In 2023, we grew revenue 21% year-over-year and delivered positive Adjusted EBITDA for the first time in the fourth quarter,” said Ken Hahn, Coursera’s CFO.
  • We have provided a reconciliation of GAAP to non-GAAP financial measures in the financial statement tables for our historical non-GAAP financial results included in this press release.
  • As previously announced, Coursera will hold a conference call to discuss its fourth quarter and full year 2023 performance today, February 1, 2024, at 2:00 p.m. Pacific Time (5:00 p.m. Eastern Time).