SEATTLE, Nov. 4, 2024 /PRNewswire/ -- Mynd.ai, Inc. ("Mynd" or the "Company") (NYSE:MYND) today announced that its subsidiary, Promethean, is set to launch its most adaptable interactive flat panel display (IFPD) and software solution—the Promethean ActivPanel 10 and Promethean ActivSuite™—in the first quarter of 2025. This next-gen experience is designed with choice and simplicity in mind, allowing schools, universities, and businesses to maximize learning and collaboration in various settings. "By allowing customers to choose their preferred operating system (Chrome, Windows, or Android) and creating seamless integration between the ActivPanel 10, connected devices, and the Promethean Act
School, university, and business leaders now have the flexibility to choose their experience and maximize learning and collaboration in classrooms, teaching spaces, meeting rooms, or on the go with the most adaptable, easy-to-use solution. SEATTLE, Nov. 4, 2024 /PRNewswire/ -- Promethean, a leading global tech company and brand owned by Mynd.ai, Inc. (NYSE:MYND), has announced the most adaptable interactive flat panel display (IFPD) and software solution in Promethean's line-up—the all-new ActivPanel 10 and Promethean ActivSuite™. Available early 2025, the display and included new software guarantees a simple, user-friendly "plug and play" panel experience to meet users exactly where they ar
SEATTLE, Oct. 21, 2024 /PRNewswire/ -- Mynd.ai, Inc. ("Mynd" or the "Company") (NYSE:MYND) today announced that the Company's Board of Directors has authorized the repurchase of up to $10 million of its American depositary shares ("ADSs") and/or ordinary shares as market conditions and the Company's liquidity warrant. "We are committed to delivering long-term value to our shareholders and we believe that the potential to repurchase our shares and ADSs at these levels represents a compelling opportunity to deploy available cash to do so," stated Vin Riera, Mynd's Chief Executive Officer. Riera added, "The share repurchase program, combined with our recently announced strategic initiatives, i
The company was recognized in the Primary category for its Explain Everything Advanced lesson creation and delivery software SEATTLE, Oct. 14, 2024 /PRNewswire/ -- Promethean, a leading global education technology company and brand owned by Mynd.ai, Inc. (NYSE:MYND), won this year's Tech & Learning Awards of Excellence: Back to School 2024 in the Primary category from Tech & Learning magazine. Back for the 2024-25 school year, the Tech & Learning Awards of Excellence seek out the most outstanding products offering schools versatility, value, and solutions to specific problems
SEATTLE, Oct. 8, 2024 /PRNewswire/ -- Mynd.ai, Inc. ("Mynd" or the "Company") (NYSE:MYND) today announced a series of strategic actions designed to enhance the Company's operations and drive long-term shareholder value, including the following: The sale, on October 2, 2024, of the Company's entire 85% ownership interest in its Singapore-based early childcare learning business for a total consideration of $20 million in cash.The redeployment of capital to enhance business development and future technology innovation to increase sales within its core markets.The optimization of our operational structure to enhance efficiency and generate anticipated cost savings in excess of $20 million annua
Gross Margins Increased 100 Basis Points to 27.3%; Adjusted EBITDA loss improved by $0.6 million SEATTLE, Aug. 29, 2024 /PRNewswire/ -- Mynd.ai, Inc. (the "Company" or "Mynd") (NYSE:MYND) today announced financial results for the first half of 2024 (H1 2024). H1 2024 Key Financial Milestones Revenue of $166.0 million compared to $222.5 million for the same period in the prior year, with the decrease primarily driven by reduced spending by key customers due to uncertainty regarding future budget allocationsGross profit of $45.4 million, a 22.4% decline from $58.5 million in the same period in the prior year, driven by the year-over-year reduction in revenue. Gross margins increased 100 basi
The ActivPanel LX with Google EDLA-certified OPS-A computing module is named one of the best edtech solutions for the classroom SEATTLE, July 26, 2024 /PRNewswire/ -- Promethean, a leading global education technology company and brand owned by Mynd.ai, Inc. (NYSE:MYND), took home a Tech & Learning Best of Show Award during ISTELive 24 in Denver June 23-26 for its innovative ActivPanel LX interactive flat panel display (IFPD) and Google EDLA-certified OPS-A computing module. The Tech & Learning awards recognize edtech solutions that transform education across the globe. A pa
The company's flexible, secure, and affordable interactive display receives the prestigious "Classroom Tech Solution of the Year" award SEATTLE, June 6, 2024 /PRNewswire/ -- Promethean, a leading global education technology company and brand owned by Mynd.ai, Inc. (NYSE:MYND), has been recognized by the 2024 EdTech Breakthrough Awards for its innovative ActivPanel LX interactive display. Winner of the "Classroom Tech Solution of the Year" award, ActivPanel LX is one of the most flexible, secure, and affordable interactive solutions on the market today. The ActivPanel LX is des
Delivers Revenue of $413.6 Million and Successfully Completes Transformational Merger Transaction SEATTLE, March 27, 2024 /PRNewswire/ -- Mynd.ai, Inc. (the "Company" or "Mynd") (NYSE:MYND) today announced financial results for the fiscal year ended December 31, 2023. Revenue of $413.6 million for the full year, compared to $584.6 million in the prior year with the decrease primarily driven by the normalization of the education market returning to pre-pandemic levelsGross Margin improved 30 basis points versus 2022 to 24.9%, largely due to lower materials and freight costsCash flow from operations improvement of $3.0 million compared to 2022Cash balance at year end was $91.8 million compare
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Key Takeaways: iHuman’s revenue and profit both declined in the first quarter as it accelerated a global expansion plan to diversify beyond its softening home market in China The company’s gross margin and total users both improved, but the omission of its latest paid user count suggests that key metric continued to decline By Doug Young Sometimes what’s left unsaid speaks the loudest. That could partly explain the 4.3% decline for shares of iHuman Inc. (NYSE:IH), a provider of educational products and services for young children, after it published its latest quarterly results last Friday. The report notably didn’t include the company’s latest number of paying users at the end of Ma
Shares of Quantum Corporation (NASDAQ:QMCO) fell sharply during Tuesday's session after the company reported worse-than-expected FY24 financial results and issued FY25 guidance below estimates. Quantum shares dipped 44.5% to $0.43 on Tuesday. Here are some other stocks moving in today’s mid-day session. Gainers Reliance Global Group, Inc. (NASDAQ:RELI) shares jumped 350% to $1.00 after the company issued an update on the pending acquisition of Spetner Associates. NLS Pharmaceutics AG (NASDAQ:NLSP) shares rose 166% to $0.3930 after jumping 30% on Monday. Actelis Networks, Inc. (NASDAQ:ASNS) climbed 80.9% to $2.08 after the company announced a partnership with Carahsoft Tech
Shares of Lands’ End, Inc. (NASDAQ:LE) fell sharply during Wednesday's session following first-quarter results. Lands’ End reported quarterly adjusted loss of 20 cents per share which beat the analyst consensus estimate of 26 cents per share. The company reported quarterly sales of $285.47 million which beat the analyst consensus estimate of $269.82 million, according to data from Benzinga Pro. Lands’ End shares dipped 9.3% to $12.60 on Wednesday. Here are some other stocks moving in today’s mid-day session. Gainers Actelis Networks, Inc. (NASDAQ:ASNS) shares jumped 512% to $2.88 after the company announced orders for cyber-hardened networking technology to be deployed at thr
Gainers Chijet Motor Co (NASDAQ:CJET) shares increased by 16.1% to $0.53 during Thursday's regular session. The company's market cap stands at $84.3 million. Forza X1 (NASDAQ:FRZA) stock rose 14.99% to $0.46. The market value of their outstanding shares is at $7.2 million. Raytech Holding (NASDAQ:RAY) stock moved upwards by 13.61% to $4.0. The company's market cap stands at $69.9 million. Faraday Future (NASDAQ:FFIE) stock increased by 11.69% to $1.25. The company's market cap stands at $53.3 million. Lulus Fashion Lounge (NASDAQ:LVLU) stock increased by 10.45% to $1.96. The market value of their outstanding shares is at $80.7 million. Cato (NYSE:CATO) shares increased by 10.4% to $5.7
Gainers MGO Global (NASDAQ:MGOL) shares increased by 301.6% to $0.92 during Tuesday's regular session. The market value of their outstanding shares is at $15.1 million. Barnes & Noble Education (NYSE:BNED) stock increased by 53.74% to $0.48. The market value of their outstanding shares is at $25.3 million. Dogness (Intl) (NASDAQ:DOGZ) shares moved upwards by 28.32% to $10.55. The company's market cap stands at $22.0 million. Sacks Parente Golf (NASDAQ:SPGC) stock moved upwards by 19.99% to $0.6. The company's market cap stands at $8.7 million. Mynd.ai (AMEX:MYND) stock increased by 14.43% to $3.25. The market value of their outstanding shares is at $148.3 million. Chijet Motor Co (NASD
Gainers GameStop (NYSE:GME) shares increased by 12.2% to $54.7 during Tuesday's after-market session. The company's market cap stands at $16.7 billion. Rent the Runway (NASDAQ:RENT) shares moved upwards by 10.2% to $25.6. The market value of their outstanding shares is at $94.0 million. Petco Health and Wellness (NASDAQ:WOOF) stock rose 6.86% to $2.18. The market value of their outstanding shares is at $587.6 million. ToughBuilt Industries (NASDAQ:TBLT) stock moved upwards by 6.51% to $2.78. The company's market cap stands at $2.1 million. GEN Restaurant Gr (NASDAQ:GENK) stock rose 6.13% to $11.77. The company's market cap stands at $53.1 million. As per the press release, Q1 earnings c
Gainers Cazoo Gr (NYSE:CZOO) shares increased by 83.0% to $9.13 during Tuesday's regular session. The market value of their outstanding shares is at $44.6 million. Volcon (NASDAQ:VLCN) shares moved upwards by 20.24% to $0.28. The company's market cap stands at $5.2 million. Hibbett (NASDAQ:HIBB) stock rose 18.89% to $86.19. The company's market cap stands at $1.0 billion. Kidpik (NASDAQ:PIK) shares increased by 17.11% to $3.92. The company's market cap stands at $7.6 million. 17 Education & Technology (NASDAQ:YQ) shares rose 16.36% to $2.48. The company's market cap stands at $24.1 million. Groupon (NASDAQ:GRPN) stock moved upwards by 14.92% to $11.01. The market value of their outstan