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Scientific Learning Corporation

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SCIL

US8087601022

Professional Information Services

Scientific Learning Corporation Reports Audited Consolidated Earnings Results for the Year Ended December 31, 2015

March 03, 2016 at 05:00 pm EST

Scientific Learning Corporation reported audited consolidated earnings results for the year ended December 31, 2015. For the year, the company reported total revenues of USD 17.730 million compared to USD 19.171 million a year ago. Operating income was USD 1.014 million compared to USD 0.804 million a year ago.

Loss before provision for income tax was USD 0.201 million compared to income before provision for income tax of USD 1.432 million a year ago. Net loss was USD 0.205 million compared to net income of USD 1.416 million a year ago. Basic and diluted loss per share was USD 0.01 compared to basic and diluted net income per share of USD 0.06 a year ago.

Net cash provided by operating activities was USD 1.250 million compared to net cash used in operating activities of USD 0.641 million a year ago. Purchases of property and equipment and additions to capitalized software were USD 0.531 million compared to USD 0.312 million a year ago. Free cash flow was USD 0.719 million compared to USD 0.384 million a year ago.

Latest news about Scientific Learning Corporation

Carnegie Learning, Inc. acquired Scientific Learning Corporation for $15 million.	20-09-13	CI
Scientific Learning Corporation Announces A New Offering in Its Fast Forword Literacy Program for Secondary Readers	20-08-06	CI
Scientific Learning Corporation Announces Sales Results for the First Quarter of 2020	20-05-20	CI
Scientific Learning Corp. Announces Board Appointments	19-12-17	CI
Scientific Learning Corp. Reports Unaudited Sales Results for the Third Quarter and Year to Date Ended September 30, 2019; Provides Sales Guidance for the Year 2020	19-11-14	CI
Scientific Learning Corporation Reports Unaudited Earnings Results for the Second Quarter Ended June 30, 2019; Provides Earnings Guidance for the Third Quarter of 2019	19-08-08	CI
Norwalk Public Schools in Connecticut Expands Fast ForWord Implementation to Close Gaps and Build a Growth Mindset in Reading	19-03-26	CI
Scientific Learning Corporation cancelled the acquisition of Brain Maps Technology Co. Ltd.	18-11-30	CI
Scientific Learning Corp. Reports Unaudited Consolidated Earnings Results for the Third Quarter & Nine Months Ended September 30, 2018	18-11-08	CI
Scientific Learning Releases New Fast ForWord Program to Provide Smarter Interventions and Faster Progress for Struggling Readers and ELLs	18-08-15	CI
Scientific Learning Corporation Announces Executive Changes	18-08-09	CI
Scientific Learning Corp. Introduces New, Smarter Fast Forword Intervention for Struggling Readers and English Language Learners	18-06-22	CI
Scientific Learning Corp. Announces New Enhancements to the Reading Assistant Plus Online Guided Reading Tool	18-05-29	CI
Scientific Learning Corporation Appoints Jeffrey D. Thomas as its Co-Chief Executive Officer Beginning in Early March	18-02-28	CI
Scientific Learning Corporation announced that it expects to receive $1.79 million in funding	18-01-11	CI
Scientific Learning Corporation signed non-binding letter of intent to acquire Brain Maps Technology Co. Ltd.	17-11-30	CI
Scientific Learning Corp. Introduces Reading Assistant Plus to Help Students Quickly and Effectively Develop Fluency, Prosody, and Comprehension	17-10-12	CI
Scientific Learning Corp. Announces New Version of Fast ForWord Intervention Includes Reading Fluency and Comprehension Training to Help K-12’s Most At-Risk Students	17-02-14	CI
Arizona State Board of Education Chooses Scientific Learning to Provide K-6 Language Development and Literacy Intervention for English Learners	16-07-12	CI
Scientific Learning Corporation Reports Audited Consolidated Earnings Results for the Year Ended December 31, 2015	16-03-03	CI
Scientific Learning Corp. announced that it expects to receive $5 million in funding.	15-04-05	CI
Scientific Learning Corp. Wins Patent for Innovative Method to Build Critical Thinking and Abstract Reasoning Skills	14-04-25	CI
Transcript : Scientific Learning Corp., Q3 2013 Earnings Call, Nov 12, 2013	13-11-12
Scientific Learning Corp. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2013; Reports Impairment Charges for the Third Quarter Ended September 30, 2013	13-11-12	CI
Transcript : Scientific Learning Corp., Q2 2013 Earnings Call, Aug 12, 2013	13-08-12

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Scientific Learning Corporation is an education company. The Company develops, distributes and licenses technology that accelerates learning by improving the processing efficiency of the brain. It offers a range of on-site and remote professional and technical services, as well as phone, e-mail and Web-based support. The Company provides its learning solutions primarily to the United States K-12 schools in traditional brick-and-mortar, virtual or blended learning settings and also to parents and learning centers, in approximately 45 countries around the world. The Company offers products, including Fast ForWord, Reading Assistant and MySciLEARN Reports. The Fast ForWord program is a learning acceleration software based on neuroscience research. The Fast ForWord program focuses on language and reading skills, such as phonological awareness, phonemic awareness, fluency, vocabulary, comprehension, decoding, working memory, syntax, grammar and other skills necessary to learn how to read.

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