TITLE

Plato Lowers 2007 Guidance as Q1 Revenue Declines and Losses Rise

PUB. DATE
March 2007
SOURCE
Electronic Education Report;3/23/2007, Vol. 14 Issue 6, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the first quarter 2007 revenue of Plato Learning Inc., provider of educational technology learnings for K-12 schools in Bloomington, Minnesota. It was noted that the company has expected the net loss by 15 percent to 13 percent. Plato stock has been trading in a 52-week price per share range of $4.87 to $10.23, dropped to $3.87. The company's operating expenses in the quarter has also dropped, reflecting declines in sales, marketing, general and administrative expenses. In addition, the company also invested in new product development.
ACCESSION #
24619943

 

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