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Scientific Learning Reports 2018 Financial Results
https://www.businesswire.com/news/home/20190311005846/en/
OAKLAND, Calif.--(BUSINESS WIRE)--Mar 11, 2019--Scientific Learning Corp. (OTC PINK:SCIL), a leading SaaS service provider that delivers neuroscience-based educational technologies, today announced it has released its audited financial results for the fiscal year ending Dec 31, 2018. Details of the annual results can be found at https://www.otcmarkets.com/stock/SCIL/disclosure.
The company’s growth momentum was demonstrated in three consecutive growth quarters, enabling it to achieve total sales growth of two percent for the year and six percent growth in the K-12 channel. The success is attributed to a growing understanding of the company’s unique solutions, decision makers placing greater importance on evidence-based solutions as required by the federal Every Student Succeeds Act (ESSA), and the release of new Fast ForWord products, enhanced with SmartLearning Technology.