Mr. Robinson continued, "Strong demand for each of our new educational programs and our classroom book collections, magazines and other materials drove double-digit revenue and operating income growth in our Educational Technology and Services and Classroom and Supplemental Materials Publishing segments. During the quarter, we combined the operations of these groups, which enhances our ability to support schools and districts with total solutions as new technologies and new standards are being implemented. As a result of the combination, each of our field reps can offer a significantly expanded suite of programs and services that will deepen our partnerships with schools by helping to raise reading and math achievement. Customers are responding strongly to our new MATH 180TM program, which enables struggling middle school students to improve their math skills. The increasingly significant role of our classroom magazines in English Language Arts skill development is demonstrated in our growing circulation, which is now over 12.6 million. We are excited about our competitive position and our unique ability to equip teachers and parents with the tools and materials, combining both print and digital, that help children reach the new Common Core standards, while nurturing a love for learning and reading."
- Companies:
- Scholastic Inc.
- Places:
- Asia
- New York City