Scientific Learning Reports Third Quarter 2019 Financial Results
Summary
OAKLAND, Calif.--(BUSINESS WIRE)--Scientific Learning Corp. (OTC PINK:SCIL), a leading SaaS service provider that delivers neuroscience-based educational technologies, today announced it has released its unaudited financial results for the period ending Sept. 30, 2019. This past quarter Scientific Learning continued its focus on addressing customer feedback, and it made progress in converting its products to HTML5. Based on this decision, the company expects to reduce overall headcount by 13 over the next several months, as it continues to service existing customer commitments. Scientific Learning’s programs have been used by more than 3 million learners in more than 2,200 K-12 schools in the United States and Canada, almost 300 private practice clinicians, thousands of students via a direct-to-consumer channel, and in over 55 countries via value-added resellers. You can identify these statements by use of the words "may," "will," "should," "plans," "explores," "expects," "anticipates," "continue," "estimate," "project," "intend," and similar expressions.