GLX

Sonic Foundry’s Global Learning Exchange™ Announces Partnership with Virtual Internships

Retrieved on: 
Wednesday, October 18, 2023

Virtual Internships has a global network of 13,000+ host companies in 80+ countries spanning a variety of industries.

Key Points: 
  • Virtual Internships has a global network of 13,000+ host companies in 80+ countries spanning a variety of industries.
  • Sonic Foundry CEO Joe Mozden, Jr. commented, “Virtual Internships is an ideal partner for Global Learning Exchange.
  • For more information about how Virtual Internships partners with global organizations and educational institutions to expand access to internship opportunities, visit www.virtualinternships.com .
  • Prospective GLX students who are interested in learning more about Virtual Internships should contact the local GLX Hub in their region.

Sonic Foundry's Global Learning Exchange™ Announces Partnership with UNINETTUNO

Retrieved on: 
Thursday, September 28, 2023

Per the agreement, Global Learning Exchange students will have immediate access to UNINETTUNO’s extensive variety of affordable degree programs.

Key Points: 
  • Per the agreement, Global Learning Exchange students will have immediate access to UNINETTUNO’s extensive variety of affordable degree programs.
  • UNINETTUNO operates a unique and innovative e-learning model, including an online, metaverse-based learning platform called the Island of Knowledge, where students participate in coursework via self-created avatars.
  • Sonic Foundry CEO, Joe Mozden, Jr., expressed enthusiasm about the partnership, commenting, "The Global Learning Exchange team is honored to join forces with UNINETTUNO.
  • We can’t wait to introduce prospective students to the opportunities that are now available to them via our partnership with UNINETTUNO."

Sonic Foundry’s Global Learning Exchange™ Announces Partnership with Penn Foster Group

Retrieved on: 
Tuesday, August 15, 2023

This partnership will provide Global Learning Exchange students with a greater variety of program options while enabling Penn Foster Group to expand its global footprint and reach students in several emerging markets around the world.

Key Points: 
  • This partnership will provide Global Learning Exchange students with a greater variety of program options while enabling Penn Foster Group to expand its global footprint and reach students in several emerging markets around the world.
  • With a longstanding commitment to excellence and a custom-built online learning environment, Penn Foster Group delivers the tools and resources to empower learners on their journey to success.
  • Sonic Foundry CEO Joe Mozden, Jr. expressed enthusiasm about the partnership, commenting, “We are thrilled to join forces with Penn Foster Group in our mission to democratize education and empower learners around the world to achieve their full potential.
  • This partnership marks a significant stride towards Global Learning Exchange’s mission of delivering a greater variety of high-quality online education options to students and professionals around the world.”
    Penn Foster Group General Manager Stacy Caldwell added, “Penn Foster Group has helped learners discover their own unique pathways to opportunity, and we are excited to expand our programs even further through our partnership with GLX.

Sonic Foundry Announces Fiscal Third Quarter 2023 Financial Results

Retrieved on: 
Thursday, August 10, 2023

Sonic Foundry, Inc. (NASDAQ: SOFO), the trusted leader in video creation and management solutions, and virtual and hybrid events, today announced consolidated financial results for its 2023 fiscal third quarter ended June 30, 2023.

Key Points: 
  • Sonic Foundry, Inc. (NASDAQ: SOFO), the trusted leader in video creation and management solutions, and virtual and hybrid events, today announced consolidated financial results for its 2023 fiscal third quarter ended June 30, 2023.
  • Adjusted EBITDA was a negative $2.9 million compared to negative $1.3 million in the fiscal third quarter of 2022.
  • “Our results for the third quarter of 2023 are consistent with expectations as we continue to focus on our long-term strategy of transforming Sonic Foundry into a high-growth enterprise.
  • Gross margin was $3.3 million for the third quarter of fiscal 2023, compared with $4.6 million in the same period of the prior fiscal year.

Sonic Foundry Announces Fiscal Second Quarter 2023 Financial Results

Retrieved on: 
Thursday, May 11, 2023

Sonic Foundry, Inc. (NASDAQ: SOFO), the trusted leader in video creation and management solutions, and virtual and hybrid events, today announced consolidated financial results for its 2023 fiscal second quarter ended March 31, 2023.

Key Points: 
  • Sonic Foundry, Inc. (NASDAQ: SOFO), the trusted leader in video creation and management solutions, and virtual and hybrid events, today announced consolidated financial results for its 2023 fiscal second quarter ended March 31, 2023.
  • Highlights for the Second Quarter Ended March 31, 2023:
    Second quarter billings from combined business lines increased 50% over the prior-year quarter.
  • Event revenue in the fiscal second quarter of 2023 was $945 thousand, compared with $998 thousand reported in the comparable year-ago quarter.
  • Gross margin was $3.3 million for the fiscal second quarter of fiscal 2023, compared with $5.2 million in the same period of the prior fiscal year.

Sonic Foundry’s Global Learning Exchange™ Announces Partnership with Colorado State University Global

Retrieved on: 
Wednesday, April 26, 2023

MADISON, Wis., April 26, 2023 (GLOBE NEWSWIRE) -- Sonic Foundry, Inc. (NASDAQ: SOFO), the trusted leader in video capture, management and streaming solutions, today announced that its Global Learning Exchange™ (GLX) business, which provides students around the world with affordable access to top-tier online learning solutions coupled with local support resources, has partnered with Colorado State University Global (CSU Global).

Key Points: 
  • MADISON, Wis., April 26, 2023 (GLOBE NEWSWIRE) -- Sonic Foundry, Inc. (NASDAQ: SOFO), the trusted leader in video capture, management and streaming solutions, today announced that its Global Learning Exchange™ (GLX) business, which provides students around the world with affordable access to top-tier online learning solutions coupled with local support resources, has partnered with Colorado State University Global (CSU Global).
  • Through this partnership, CSU Global’s extensive roster of fully online, internationally recognized, career-focused degree and certificate programs will soon be available to Global Learning Exchange students.
  • As the nation’s first 100% online, regionally accredited nonprofit university, CSU Global is a leader in serving nontraditional students with flexible, affordable programs that prepare them for career success.
  • Sonic Foundry CEO Joe Mozden, Jr. commented, “CSU Global is an ideal partner for Global Learning Exchange.

Sonic Foundry’s Global Learning Exchange™ Announces Partnership with EC-Council University

Retrieved on: 
Tuesday, March 21, 2023

This partnership will provide Global Learning Exchange students with access to an extensive menu of cyber security certifications, including Certified Ethical Hacker, Certified Network Defender, and Certified Hacking Forensic Investigator.

Key Points: 
  • This partnership will provide Global Learning Exchange students with access to an extensive menu of cyber security certifications, including Certified Ethical Hacker, Certified Network Defender, and Certified Hacking Forensic Investigator.
  • Sonic Foundry CEO Joe Mozden, Jr. commented, “From day one, Global Learning Exchange has focused on providing students with access to future-oriented, career-focused education programs.
  • Cyber security is one of the fastest-growing fields in the global job market, and ECCU clearly represents the global standard for cyber security education.
  • Additional information on Global Learning Exchange can be accessed here .

Genesis League Sports Announces Launch of Validator Nodes Licenses

Retrieved on: 
Wednesday, March 15, 2023

MEDIA, Pa., March 15, 2023 /PRNewswire/ -- Genesis League Goals, the digital trading card game built in partnership with Major League Soccer Players Association (MLSPA), today announced the sale of their validator node licenses.

Key Points: 
  • MEDIA, Pa., March 15, 2023 /PRNewswire/ -- Genesis League Goals, the digital trading card game built in partnership with Major League Soccer Players Association (MLSPA), today announced the sale of their validator node licenses.
  • Genesis League Goals (GLG) is the first title to be launched under the Genesis League Sports (GLS) brand and is the second major game to be launched by the same creators of Splinterlands, who in 2022, saw an 11 minute sellout of their Splinterlands validator node license presale.
  • The GLS validator node licenses will allow purchasers to help validate blocks on the Hive blockchain in return for $GLX tokens, the governance token of Genesis League Sports and all Genesis League games.
  • A pool of 100,000,000 $GLX tokens will be allocated for GLS node license holders over a 65 month period.

SHURE ANNOUNCES NEW GLX-D+ DUAL BAND WIRELESS SYSTEM

Retrieved on: 
Wednesday, March 1, 2023

CHICAGO, March 1, 2023 /PRNewswire/ -- Today, Shure introduced its new and improved GLX-D+ Dual Band Wireless System, providing the perfect solution for guitarists, bassists, vocalists, and presenters who want to go wireless with confidence and without complexity.

Key Points: 
  • With more than double the bandwidth compared to the first generation, GLX-D+ Dual Band is an ideal solution for guitarists, vocalists, and presenters looking for improved wireless performance without complexity
    CHICAGO, March 1, 2023 /PRNewswire/ -- Today, Shure introduced its new and improved GLX-D+ Dual Band Wireless System , providing the perfect solution for guitarists, bassists, vocalists, and presenters who want to go wireless with confidence and without complexity.
  • GLX-D+ Dual Band intelligently avoids interference and ensures dropouts won't stop the show, enabling users to focus on performing while benefitting from superior, transparent wireless audio.
  • Since all GLX-D+ Dual Band Wireless systems operate in a license-free frequency range, users won't have to worry about technical hurdles while traveling.
  • GLX-D+ Dual Band Wireless Systems will be available later in March at Shure.com and select retailers starting at USD 499.

Sonic Foundry Announces Fiscal First Quarter 2023 Financial Results

Retrieved on: 
Thursday, February 9, 2023

Sonic Foundry, Inc. (NASDAQ: SOFO), the trusted leader in video creation and management solutions, and virtual and hybrid events, today announced consolidated financial results for its 2023 fiscal first quarter ended December 31, 2022.

Key Points: 
  • Sonic Foundry, Inc. (NASDAQ: SOFO), the trusted leader in video creation and management solutions, and virtual and hybrid events, today announced consolidated financial results for its 2023 fiscal first quarter ended December 31, 2022.
  • Adjusted EBITDA was a negative $2.9 million compared to negative $1.1 million in the fiscal first quarter of 2022.
  • “During the first quarter, we remained focused on executing our strategy to transform Sonic Foundry into a high-velocity, high-growth company.
  • Gross margin was $3.0 million for the fiscal first quarter of fiscal 2023, compared with $5.1 million in the same period of the prior fiscal year.