Trading Review: Looking at Unusual Volume for K12, Inc. (NYSE:LRN)

by Engelwood Staff August 9, 2016

Shares of K12, Inc. (NYSE:LRN) are experiencing unusual volume during today’s trading.  While the stock price moved along with the volume change, shares are touching $11.04 at the time of writing.  The day’s total volume of 365438 this morning is in contrast from the three-month daily average of 153.50K.  When we divide the current volume by the three-month average volume, we get a relative volume of 4.15.

The difference between yesterday’s closing price and today’s opening price was -6.86%.  

Why is this important?

Trading volume is a hugely important consideration for any investor.  By watching how many shares are trading hands and looking for any changes in that activity, trading opportunities can be spotted along with a deeper understanding of the reliability of other indicators on the stock.  A significant increase in trading volume means that more than double the average amount of stocks are moving.  When volume is decreased significantly, it may indicate there is an issue that shareholders should watch out for.  It’s also important to take into consideration how long the unusual volume sustains for.  If it’s only the one trading day, it can be dismissed as an anomaly.

Looking Back

K12, Inc. (NYSE:LRN)‘s market capital, the total dollar value of all of their outstanding shares, is 509.09m.  Including today’s unusual volume, K12, Inc.‘s stock is performing at 45.80% on the year.  For the week, the stock is performing -1.53%.  Over the past month the firm’s stock is -1.00%, 7.18% for the last quarter, 33.09% for the past six-months and -9.77% for the last year.

Current levels places the company’s stock about -20.59% from the 50-day high and 0.16% away from the 50-day low.  

Disclaimer: The views, opinions, and information expressed in this article are those of the authors and do not necessarily reflect the official policy or position of any company stakeholders, financial professionals, or analysts. Examples of analysis performed within this article are only examples. They should not be utilized to make stock portfolio or financial decisions as they are based only on limited and open source information. Assumptions made within the analysis are not reflective of the position of any analysts or financial professionals.

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Morgan Hill K12 charter school closes

A Morgan Hill charter school is closing its doors due to a terminated contract and financial troubles, which means almost 250 students will have to enroll in new schools before the start of the academic year, Santa Clara County education officials said Wednesday.

Silicon Valley Flex Academy at 610 Jarvis Drive served 240 students between grades six to 12 and opened in 2011 under a countywide charter, county education officials said.

In November, Santa Clara County’s Board of Education had renewed the academy’s charter for another five years from 2016 to 2021, according to the county office.

On Monday night, the academy’s board told the county the academy would close because of “fiscal unsustainability” after its service provider, K12, cut their contract, county officials said.

Classes for the new school year were set to begin on Aug. 11, according to the school’s website.

The county office is working with the charter school’s board along with Morgan Hill Unified School District and its Superintendent Steve Betando to register the students for the 2016-17 academic year.

The district’s first day of school is scheduled for Aug. 16.

“Our first and highest priority is always the wellbeing of the students,” county Superintendent of Schools Jon Gundry said in a statement.

“Since learning of this impending action, I have been in close contact with Superintendent Steve Betando to ensure students and families will have options and opportunities following this decision by the Silicon Valley Flex Academy board,” Gundry said.

The school “boasted a blending learning model by combining an online K12, Inc. curriculum with offline lessons and small-sized breakout sessions,” according to the academy’s Parent Teacher Organization website.

Staff members from the academy and county’s Charter Schools Office are working to ensure they meet requirements to close the charter school under the state Department of Education and education code, county officials said.

Parents can speak to staff about the closure at the academy today and next week, according to county officials.

The district has scheduled an information meeting on the transition for academy parents and students at 7 p.m. on Aug. 4 at the Ann Sobrato High School theater on campus at 401 Burnett Ave. in Morgan Hill.

California Attorney General Kamala Harris reached a settlement of $168.6 million with mega-virtual charter K12 Inc. This settlement reflects the good investigative reporting of Jessica Calefati of the San Jose Mercury News, whose investigative reporting led to Harris’ review of K12’s finances and practices.

There are two more investigations underway: one by the California State Department of Education and the other by the State Controller. Now that virtual charters have been discredited by studies and thrown under the bus by the rest of the charter industry, this aspect of the industry may finally be on the skids.

“California Attorney General Kamala Harris announced Friday the state Department of Justice has reached a $168.5 million settlement with for-profit online charter school operator K12 Inc. over an array of alleged violations of false claims, false advertising and unfair competition laws.

“The settlement comes almost three months after the Bay Area News Group published a two-part investigative series on the publicly-traded Virginia company, which runs a network of profitable but low-performing online charter schools serving about 15,000 students across the state.

“Harris’ office found that K12 and the “virtual” academies it operates across the state used deceptive advertising to mislead parents about students’ academic progress, parent satisfaction and their graduates’ eligibility for University of California and California State University admission.

“The Attorney General’s office also found that K12 and its affiliated schools collected more state funding from the California Department of Education than they were entitled to by submitting inflated student attendance data and that the company improperly coerced the non-profit schools it operates to sign unfavorable contracts that put them in a deep financial hole.”

Politico reports that K12 Inc. disagrees with the characterization of the settlement:

– Speaking of charter schools, California Attorney General Kamala Harris said Friday that virtual charter school operator K12 Inc. will pay $168.5 million to settle [ http://politico.pro/29NP6eM] alleged violations of the state’s false claims, false advertising and unfair competition laws: http://politico.pro/29nJ0Nj . But K12 pushed back on the settlement amount – preferring not to include $160 million in financial relief that Harris’ office says will be provided to certain schools that K12 manages. Instead, K12 CEO Stuart Udell said the company will only pay $2.5 million to settle the case, and another $6 million for Harris’ investigative costs. Udell said his company admitted no wrongdoing. “The Attorney General’s claim of $168.5 million in today’s announcement is flat wrong,” Udell said. “Despite our full cooperation throughout the process, the Office of the Attorney General grossly mischaracterized the value of the settlement, just as it did with regard to the issues it investigated.”

– The settlement is another black eye for the virtual charter industry, which just last month had three reform-minded groups calling for it to be improved, or else problems such as low graduation rates will “overshadow the positive impacts this model currently has on some students.” [ http://politi.co/1tyKbnt] More from Kimberly Hefling: http://politico.pro/29ImzF8

via Diane Ravitch’s blog http://ift.tt/29sNUcE

K12 Inc.: Bay Area lawmakers call for audit of California Virtual Academies operator

By Jessica Calefati, jcalefati@bayareanewsgroup.com

Posted:
 
05/31/2016 05:08:41 AM PDT

SACRAMENTO — A bipartisan group of lawmakers is calling for a state audit of a profitable but low-performing network of online charter schools following this newspaper’s investigation of K12 Inc., the Virginia company at the heart of the operation.

Published last month, the two-part series revealed that the Wall Street-traded company reaps tens of millions of dollars in state funding while graduating fewer than half of the students enrolled in its high schools. It also found that teachers at K12’s California Virtual Academies have been asked to inflate attendance and enrollment records used to determine how much state funding the schools receive.

California Virtual Academies teacher Julianne Knapp teaches her students during her online class on Nov. 18, 2015, at a public library in San Jose. (Dai Sugano/Bay Area News Group)
(
Dai Sugano
)

Assembly members Phil Ting, D-San Francisco, and Catharine Baker, R-San Ramon, say an audit is needed because the Legislature takes allegations of misspent public money seriously — and that any company profiting while students struggle deserves intense scrutiny. Lawmakers say its findings would likely set the stage for legislation aimed at addressing the problems at online schools.

“This reporting raises serious questions that demand a more thorough investigation, which is why I will work with my colleagues to pursue an audit of for-profit charter schools and the mechanisms in place to hold them accountable,” said Ting, who is joining with Assembly Speaker Anthony Rendon and other Assembly members to craft the audit request.

Nationally, 70 percent of students enrolled in online charters attend schools managed by for-profit companies such as K12 and its leading competitor, Connections Academy, while 30 percent attend charters that are independent or run by nonprofits.

Sacramento lawmakers aren’t the only ones troubled by K12’s track record. Tom Torlakson, California’s superintendent of public instruction, vowed last week to collaborate with the legislators on possible fixes.

“I am concerned by some issues and practices exposed in this article,” Torlakson said. “I am exploring options to investigate laws and regulations governing these types of charter schools and will work closely with legislators interested in this subject.”

But coming up with solutions to such politically charged problems won’t be easy.

Gov. Jerry Brown is a strong supporter of charter schools and has already vetoed bills that sought to force all charters to comply with conflict-of-interest and transparency rules and ban for-profit companies from operating them. And earlier this year, two bills that would have addressed some of the problems highlighted in this newspaper’s series stalled under pressure from interest groups.

The newspaper’s investigation found that students who spend as little as one minute during a school day logged on to K12’s school software may be counted as “present” in records used to calculate state funding. The investigation also revealed that the districts tasked with overseeing K12’s California schools have a strong financial incentive to turn a blind eye to problems because they receive a cut of California Virtual Academies’ revenue to oversee the schools, which now enroll about 15,000 students.

“Taking the bull by the horns and regulating these irresponsible for-profit companies shouldn’t be a wild idea,” said Bruce Fuller, an education policy professor at UC Berkeley. “If nothing happens and K12 faces no consequences, the company stands to poison the legitimacy of the whole (charter) movement.”

Asked about the possible audit, K12 spokesman Mike Kraft did not comment. But he argued in an email that a student logged onto the company’s software for a minute would not result in additional state funding for K12 without a determination by the student’s teacher that he or she had completed required work.

“In other words, a log on alone — regardless of duration — would not be submitted by CAVA (California Virtual Academies) nor be eligible for funding,” Kraft wrote.

Any bill that creates a new rule for charter schools will require Brown’s support. But a group of Assembly Democrats hope the weight of a Joint Legislative Audit Committee’s findings is what’s needed to draft something the governor finds “palatable,” said John Casey, a spokesman for Rendon, D-Paramount.

Members of the upper and lower house who sit on the committee meet several times a year to consider lawmakers’ audit requests. Once those requests are approved, they’re transferred to California State Auditor Elaine Howle, who is currently working on more than a dozen committee requests. Typically, audits take several months to complete.

“As a parent of school-age children and education advocate, I don’t see any integrity in counting a student who has logged in to an online class for as little as one minute as ‘present’ for instructional purposes or for calculating attendance funding,” said Assemblywoman Baker, the Bay Area’s lone GOP lawmaker.

Drafting legislation that the powerful California Charter Schools Association and California Teachers Association can both support will be another big hurdle to regulating schools run by companies like K12.

In March, Assemblywoman Patty López, D-San Fernando, introduced Assembly Bill 2242, which would have banned for-profit corporations such as K12 from operating charter schools. But the bill also sought to block charters from being part of a network that allows them to share administrators and pool resources to purchase curriculum, banning a structure used today by nearly half the state’s charter schools.

Lopez soon abandoned the bill after charter advocates flooded her district office with letters and calls urging her to drop it.

“After hearing many concerns from families in my district, many of them that I personally know, I have made a decision to not move forward with AB 2242 in the form that it is today,” López said in a statement. “My intent with the bill was not to harm charter schools, but to bring transparency when it comes to public funding.”

The California Charter Schools Association would support legislation that bans for-profit companies like K12 from operating charter schools, but so far no bills have been introduced that deal strictly with that topic, spokeswoman Emily Bertelli said.

Sen. Steve Glazer, D-Walnut Creek, encountered equally passionate opposition to Senate Bill 1434, which sought to impose new restrictions on the school districts that review prospective charter schools’ applications and oversee them once they open their doors.

Glazer’s bill, which was sponsored by the California Charter Schools Association, would have required all school districts that authorize charter schools to annually submit financial statements to the charters, showing how they spent the oversight fees collected. Once the California Teachers Association voiced numerous concerns with the sweeping proposal, which the union detailed in a lengthy April letter addressed to Glazer, the measure stalled before being heard by the Senate Education Committee.

K12’s critics such as Diane Ravitch — a New York University education historian and former U.S. Department of Education assistant secretary — say the company’s track record in California is so worrisome that there should be no excuse for lawmakers dragging their feet.

“The California Legislature should feel obligated to do something about it,” Ravitch said. “It’s incomprehensible that no one seems to care.”

Contact Jessica Calefati at 916-441-2101. Follow her at Twitter.com/Calefati.

Motoko Rich writes in the New York Times about the terrible results obtained by online charter schools. She focuses on the Electronic Classroom of Tomorrow, whose founder has become very wealthy thanks to taxpayer money and the friendship of reformers such as Governor JohnKasich and the GOP legislators in Ohio. Founder William Lager has been very generous to his friends who hold elected office.

 

A terrific business. A lousy education.

 

Five years ago, the New York Times ran a superb expose of online charters, pointing out that they are very profitable but basically scams that rip off taxpayers.

 

In 2011, the Washington Post published an excellent expose of Michael Milken’s K12 Inc, which is listed on the New York Stock Exchange.

 

 

For-profit virtual charter corporations are a cynical business that exploits children and does not have educate them. It demands full state tuition to provide home schooling plus a “teacher” on a monitor.

 

I wrote about the online charter fraud in my 2013 book “Reign of Error.”

 

Numerous studies have concluded that these schools have startlingly high attrition rates, large “class” sizes, low wages, high teacher turnover, and their students very little.

 

The latest study, by CREDO, found that students lost 180 days of instruction in math for every year of 180 days in a virtual charter.

 

Bill Phillis of the Ohio Coalition for Equity and Adequacy wrote about today’s article in the Times and pointed out that ECOT has received nearly $1 billion in public funding since 2002.

 

Frankly, these fake schools should be investigated by authorities, monitored, and limited to students who are unable to attend school. They should exist only as public institutions, not profit-making corporations.

via Diane Ravitch’s blog

http://ift.tt/1OBYU4C

K12’s (LRN) CEO Stuart Udell on Q3 2016 Results – Earnings Call Transcript

Apr. 27, 2016 10:31 AM ET

K12 Inc. (NYSE:LRN)

Q3 2016 Earnings Conference Call

April 27, 2016 08:30 AM ET

Executives

Mike Kraft – VP of Finance

Nate Davis – Executive Chairman

Stuart Udell – CEO

James Rhyu – CFO

Analysts

Jeff Silber – BMO Capital Markets

Corey Greendale – First Analysis

Operator

Greetings, and welcome to the K12 Fiscal 2016 Third Quarter Earnings Results Conference Call. At this time, all participants are in a listen-only mode. A question-and-answer session will follow the formal presentation. [Operator Instructions] As a reminder, this conference is being recorded.

It is now my pleasure to introduce your host, Mike Kraft, Vice President of Finance. Please go ahead sir.

Mike Kraft

Thank you and good morning. Welcome to K12’s third quarter earnings call for fiscal year 2016. Before we begin, I would like to remind you that in addition to historical information, certain comments made during this conference call may be considered forward-looking statements, made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995, and should be considered in conjunction with cautionary statements contained in our earnings release and the Company’s periodic filings with the SEC. Forward-looking statements involve risks and uncertainties that may cause actual performance or results to differ materially from those expressed or implied by such statements. In addition, this conference call contains time sensitive information that reflects management’s best analysis only as of the day of this live call. K12 does not undertake any obligation to publicly update or revise any forward-looking statements. For further information concerning risks and uncertainties that could materially affect financial and operational performance and results, please refer to our reports filed with the SEC, including without limitation, cautionary statements made in K12’s 2015 Annual Report on Form 10-K. These filings can be found on the Investor Relations section of our website at www.k12.com.

In addition to disclosing financial results in accordance with Generally Accepted Accounting Principles in the US or GAAP, we will discuss certain information that is considered non-GAAP financial information. A reconciliation of this non-GAAP financial information to the most closely comparable GAAP information was included in our earnings release and is also posted on our website. This call is open to the public and is being webcast. The call will be available for replay for 30 days. With me on today’s call is Nate Davis, Executive Chairman, Stuart Udell, Chief Executive Officer and James Rhyu, Chief Financial Officer. Following our prepared remarks, we will answer any questions you may have.

I like to now turn the call over to Stuart Udell. Stuart?

Stuart Udell

Thank you Mike, good morning and thanks for joining us on the call today. Before reviewing the results for the quarter, I just want to share how delighted I am that I came to K12. My entire career is focused on providing instructional services to kids who need the most help. I have always been a champion of school choice and educational options for students. Now, after almost 3 months on the job, I’m even further convinced that there is no better platform to do this at scale and to make a difference with kids than in K12. I’ve spent the last 75 days visiting schools, attending school board meetings, listening to customers and talking with employees to quickly gain a deep understanding of the Company’s operations, curriculum and talent. My takeaway is that the K12 team is more than just a leader in building create curriculum and technology; it’s a team of incredibly passionate and committed individuals including teachers, school administrators and support personnel who are on a mission. It’s those individuals that truly differentiate this organization and make us a true pioneer and leader in online and blended education.

Penn Foster Names Heather McAllister as General Counsel and Corporate Secretary

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Penn Foster named Heather McAllister general counsel and corporate secretary, with overall responsibility for Penn Foster’s legal, compliance and governance matters. McAllister is now also a member of the executive management team that sets strategic direction for the company.

Penn Foster seeks to set the standard for compliance in the industry; Heather has been successful at building and administering robust compliance and governance programs, creating corporate processes and procedures, and implementing best practices. to

Scranton, PA (PRWEB)
April 05, 2016

Penn Foster, a leader in career-focused online and blended learning solutions for today’s workforce, today named Heather McAllister as general counsel and corporate secretary, with overall responsibility for Penn Foster’s legal, compliance and governance matters.

McAllister is now also a member of the executive management team that sets strategic direction for the company. The announcement was made by Frank Britt, president and CEO, Penn Foster, to whom McAllister reports.

Most recently, McAllister was vice president, legal and compliance of K12 Inc. (LRN) where she counseled the $900 million education technology company on litigation, transaction governance and regulatory matters that confront a high-growth business in a highly regulated industry. McAllister also served as chair of K12’s Legal Compliance and Ethics Committee and as chief compliance officer for the school’s management business.

Prior to K12, Heather served as counsel for the Susan G. Komen Foundation and worked for law firms based in Washington D.C. and New York City, respectively.

“Heather McAllister has a strong and proven record in effectively promoting strategic business goals in a variety of sectors, including education, with deep expertise in high school,” said Britt. “Penn Foster seeks to set the standard for compliance in the industry, and Heather has been successful at building and administering robust compliance and governance programs, creating corporate processes and procedures, and implementing best practices to create an ethical and compliant culture focused on student value and outcomes.”

“I’m excited to join the Penn Foster team, and be part of an organization with a long history, committed to operating with the highest levels of compliance and delivering superior outcomes for our students,” said McAllister.

McAllister earned a J.D. from the University of Pittsburgh and a MBA from The George Washington University. She has been a frequent speaker on legal, compliance and governance issues at a variety of conferences and firms, and has lectured at Georgetown Law School.

About Penn Foster

Students, employers and partner organizations rely on Penn Foster to build the skills and knowledge to power the 21st century workforce. For over 125 years, Penn Foster has been dedicated to helping people lead more meaningful and productive lives and to improving social outcomes through education. Penn Foster provides career pathways for opportunity youth and adult learners through diverse and affordable online diploma, certificate and degree programs, offered via its high school, career school and college. With more than 30,000 graduates each year, Penn Foster’s online and blended learning programs are delivered in a self-paced, competency-based model wrapped by comprehensive academic, professional and personal support and coaching. For more information, visit http://www.pennfoster.edu.

K12 Inc. Launches the First Destinations Career Academy in Wisconsin

LRN
| 4 hours ago

Innovative Online Career Technical Academy model will provide hands on training and dual credit opportunities for middle and high school students

HERNDON, Va., Feb. 22, 2016 /PRNewswire-USNewswire/ — K12 Inc., America’s leading provider of K-12 online school programs, today announced the opening of the first Destinations Career AcademyTM. Destinations Career Academy of Wisconsin  is the first-ever career and technical education-focused online high school in Wisconsin using the curriculum and academic programs by K12 Inc. It is also the first career readiness program to offer a Construction apprenticeship program in partnership with industry leaders.

“Studies have shown that by 2020 two out of three jobs will require some postsecondary education or training and that job-related skills can dramatically increase employment options for new graduates,” said Stuart J. Udell, CEO of K12 Inc. “We have a unique expertise in delivering online course content to young students and the addition of career and technical courses like the ones we are offering through our Destinations model will allow them to explore potential careers and get a jump on the certification process.”

K12’s career readiness offering uses a comprehensive end-to-end approach, designed to prepare students to enter the workforce or pursue other post-secondary options. Students can access multiple versions of core online high school courses and opt to take CTE courses in one of four Career Clusters:  Architecture and Construction; Business, Management, and Administration; Health Science; or Information Technology.  These Clusters are designed to give students a head start on their career goals by earning technical and specialty trade credentials, college credits, and workplace experiences.

Obtaining industry certifications opens the door to increased job opportunities for students in high-demand and high-paying jobs.  State licensed teachers provide students instruction and support and graduates receive a state-approved diploma. Students receive preparation for the ACT National Career Readiness Certificate™ (NCRC®) and the National Occupational Competency Testing Institute (NOCTI®) exams as well as a membership in a SkillsUSA® career and technical student organization (CTSO) chapter for networking purposes.

Destinations Career Academy of Wisconsin is an online public charter school sponsored by McFarland School District that utilizes this online career readiness curriculum. The tuition-free online public charter school is open to students statewide in grades 9 – 12 and serves full-time students in addition to offering individual courses to students in schools that do not have access to CTE programs.

What sets the school apart is a unique Construction Pathway developed in conjunction with the International Union of Operating Engineers Local 139 (Operating Engineers) and Fox Valley Technical College.  This unique “pre-apprenticeship” program directed by the Operating Engineers will give students hands-on experience and prepare them to enter apprenticeship training to become successful operating engineers – heavy equipment operators, mechanics, and surveyors – in the construction industry.  Fox Valley Technical College, based in Appleton, will offer dual-credit, tech-prep opportunities for students and help facilitate blended learning opportunities – online learning and face-to-face instruction – for students from a variety of campus locations, regional centers, and training sites. 

“There is no question that today’s labor market is desperate for workers with these types of skills,” says Tim Lawrence, the Executive Director of SkillsUSA, a K12TM partner that will offer students additional skills development opportunities. “High school students who are involved in CTE programs feel more engaged in schoolwork, so there is a lower risk of drop out. Programs like these help mitigate youth underemployment and these online courses will help reach even more underserved youth.”

Online and blended learning models are ideal for high schools looking to transform or expand their CTE programs quickly, affordably, and thoroughly. The Wisconsin school represents the first of several CTE offerings planned by K12, which provides curriculum and services to over 2000 school districts across the United States.  For more information about these and other education solutions, visit K12.com.

About K12 Inc.
K12 Inc. (NYSE: LRN) is driving innovation and advancing the quality of education by delivering state-of-the-art, digital learning platforms and technology to students and school districts across the globe. With nearly a half-billion dollars invested in developing award winning curriculum, K12 serves over 2,000 schools and school districts and has delivered more than four million courses over the past decade. K12 is a company of educators with the nation’s largest network of K-12 online school teachers, providing instruction, academic services, and learning solutions to public schools and districts, traditional classrooms, blended school programs, and directly to families. 

©2016 K12 Inc. All rights reserved. K12 and Destinations Career Academy are trademarks of Fuel Education LLC or its affiliates. All other trademarks are the property of their respective owners.

Logo – http://photos.prnewswire.com/prnh/20110113/PH29436LOGO

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/k12-inc-launches-the-first-destinations-career-academy-in-wisconsin-300223556.html

SOURCE K12 Inc.

PR NewswireFebruary 22, 2016 – 6:00 AM EST

Walker County Public Schools Turns Around Student Achievement with Personalized Learning from Fuel Education™

HERNDON, Va., Feb. 8, 2016 /PRNewswire-USNewswire/ — In 2011, Walker County Public Schools in Jasper, Alabama, had many obstacles standing in its way for both educators and students, including high percentages of students who qualified for free and reduced lunch, high dropout rates, and low graduation rates. Seeing this as an opportunity to better support students academically, Walker County Public Schools partnered with Fuel Education™ (FuelEd™) to provide students with access to the Anywhere Learning System for a more personalized learning experience.

“For some of our students, this has been a life-changing experience,” said Connie Shubert, Director of Federal Programs at Walker County Public Schools. “Some of them would not have been able to finish high school, and now they have a diploma and a chance at employment and a better life.”

FuelEd’s Anywhere Learning System is digital learning courseware for students in grades 1-12 with pre-tests that provide customized learning paths based on those results for struggling students who need remediation, as well as for advanced learners who need accelerated coursework. Walker County Public Schools uses the Anywhere Learning System in a variety of online and blended models across the district, including with younger students in blended learning centers, for credit recovery and grade repair with older students, and to continue instruction if a teacher is out for the day. In addition, the system is central to the district’s alterative school program, its summer school program, and its two at-risk and credit-deficient programs known as the Hope Academy and the Twilight Knight School.

Mary Slaughter, coordinator of assessment and accountability and director of guidance and counseling for Walker County Public Schools, said, “One of the best things is the Anywhere Learning System program offers flexibility and gives students choices; they don’t all fit in the same box.”

Since it started using the Anywhere Learning System, the district’s graduation rate has risen from 73 percent to 87 percent and the dropout rate has dropped from 14 percent to 3 percent. The district has also seen significant improvement in student attendance, grades, and the number of students being promoted to the next grade.

“The Anywhere Learning System empowers students to take charge of their education,” said Gregg Levin, General Manager of Fuel Education. “The learn-at-your-own-pace style of instruction helps struggling students catch up or recover credits and also provides gifted students with more content on a topic of their choice. Walker County Public Schools’ multifaceted implementation of FuelEd’s system is helping students succeed.”

The Anywhere Learning System has more than 160 courses, 5,600 lessons, 200,000 content pages, and 130,000 test items that are Common Core- and state objective-aligned. The content is presented to students using sequenced direct-instruction aids such as study guides, quizzes, mastery tests, and essays. Its built-in assessment and reporting tools help track and analyze all aspects of individual and class performance in order to benchmark progress and refine curriculum plans.

For more information about how Walker County Public Schools used the Anywhere Learning System for increased student achievement, read the case study here.

About Fuel Education
Fuel Education™ partners with school districts to fuel personalized learning and transform the education experience inside and outside the classroom. The company provides innovative solutions for pre-K through 12th grade that empower districts to implement successful online and blended learning programs. Its open, easy-to-use Personalized Learning Platform, PEAK™, enables teachers to customize courses using their own content, FuelEd courses and titles, third-party content, and open educational resources. Fuel Education offers the industry’s largest catalog of digital curriculum, certified instruction, professional development, and educational services. FuelEd has helped 2,000 school districts to improve student outcomes and better serve diverse student populations. To learn more, visit getfueled.com and Twitter.

©2016 Fuel Education LLC. All rights reserved. Fuel Education and FuelEd are trademarks of Fuel Education LLC or its affiliates. All other trademarks are the property of their respective owners.

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SOURCE Fuel Education LLC

Published February 8, 2016
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Catchpoint is a leading Digital Performance Analytics company that provides unparalleled insight into customer-critical services to help consistently deliver an amazing customer experience. Designed…Feb. 9, 2016 03:00 PM EST  Reads: 350read more & respond »
[session] Time-to-Value in Big Data DeploymentsBy Elizabeth WhiteAs enterprises work to take advantage of Big Data technologies, they frequently become distracted by product-level decisions. In most new Big Data builds this approach is completely counter-productive: it presupposes tools that may not be a fit for development teams, forces IT to take on the burden of evaluating and maintaining unfamiliar technology, and represents a major up-front expense.
In his session at @BigDataExpo at @ThingsExpo, Andrew Warfield, CTO and Co-Founder of Coho Data, will dis…Feb. 9, 2016 03:00 PM EST  Reads: 160read more & respond »
[slides] How to Bring DevOps to EveryoneBy Liz McMillanThe principles behind DevOps are not new – for decades people have been automating system administration and decreasing the time to deploy apps and perform other management tasks. However, only recently did we see the tools and the will necessary to share the benefits and power of automation with a wider circle of people.
In his session at DevOps Summit, Bernard Sanders, Chief Technology Officer at CloudBolt Software, explored the latest tools including Puppet, Chef, Docker, and CMPs needed to…Feb. 9, 2016 03:00 PM EST  Reads: 293read more & respond »
Pythian Named “Bronze Sponsor” of Cloud ExpoBy Pat RomanskiSYS-CON Events announced today that Pythian, a global IT services company specializing in helping companies adopt disruptive technologies to optimize revenue-generating systems, has been named “Bronze Sponsor” of SYS-CON’s 18th Cloud Expo, which will take place on June 7-9, 2015 at the Javits Center in New York, New York.
Founded in 1997, Pythian is a global IT services company that helps companies compete by adopting disruptive technologies such as cloud, Big Data, advanced analytics, and DevO…Feb. 9, 2016 02:45 PM EST  Reads: 187read more & respond »
Announcing iDevices to Exhibit at Cloud ExpoBy Elizabeth WhiteSYS-CON Events announced today that iDevices®, the preeminent brand in the connected home industry, will exhibit at SYS-CON’s 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY.
iDevices, the preeminent brand in the connected home industry, has a growing line of HomeKit-enabled products available at the largest retailers worldwide. Through the “Designed with iDevices” co-development program and its custom-built IoT Cloud Infrastruc…Feb. 9, 2016 02:45 PM ESTread more & respond »
Join Alert Logic at Cloud Expo New YorkBy Pat RomanskiSYS-CON Events announced today that Alert Logic, Inc., the leading provider of Security-as-a-Service solutions for the cloud, will exhibit at SYS-CON’s 18th International Cloud Expo®, which will take place on June 7-9, 2016, at the Javits Center in New York City, NY.
Alert Logic, Inc., provides Security-as-a-Service for on-premises, cloud, and hybrid infrastructures, delivering deep security insight and continuous protection for customers at a lower cost than traditional security solutions. Ful…Feb. 9, 2016 02:15 PM EST  Reads: 388read more & respond »
[session] The Lifecycle of MicroservicesBy Liz McMillanMore and more companies are looking to microservices as an architectural pattern for breaking apart applications into more manageable pieces so that agile teams can deliver new features quicker and more effectively.
What this pattern has done more than anything to date is spark organizational transformations, setting the foundation for future application development. In practice, however, there are a number of considerations to make that go beyond simply “build, ship, and run,” which changes ho…Feb. 9, 2016 02:00 PM EST  Reads: 186read more & respond »
[slides] Managing Remote Operations TeamsBy Liz McMillanAdvances in technology and ubiquitous connectivity have made the utilization of a dispersed workforce more common. Whether that remote team is located across the street or country, management styles/ approaches will have to be adjusted to accommodate this new dynamic.
In his session at 17th Cloud Expo, Sagi Brody, Chief Technology Officer at Webair Internet Development Inc., focused on the challenges of managing remote teams, providing real-world examples that demonstrate what works and what do…Feb. 9, 2016 02:00 PM EST  Reads: 254read more & respond »
[session] A Tour of Data Platforms as a ServiceBy Elizabeth WhiteWith the proliferation of both SQL and NoSQL databases, organizations can now target specific fit-for-purpose database tools for their different application needs regarding scalability, ease of use, ACID support, etc. Platform as a Service offerings make this even easier now, enabling developers to roll out their own database infrastructure in minutes with minimal management overhead. However, this same amount of flexibility also comes with the challenges of picking the right tool, on the right …Feb. 9, 2016 01:45 PM EST  Reads: 131read more & respond »
Interoute Named “Bronze Sponsor” of Cloud ExpoBy Liz McMillanSYS-CON Events announced today that Interoute, owner-operator of one of Europe’s largest networks and a global cloud services platform, has been named “Bronze Sponsor” of SYS-CON’s 18th Cloud Expo, which will take place on June 7-9, 2015 at the Javits Center in New York, New York.
Interoute is the owner-operator of one of Europe’s largest networks and a global cloud services platform which encompasses 12 data centers, 14 virtual data centers and 31 colocation centers, with connections to 195 ad…Feb. 9, 2016 01:15 PM EST  Reads: 368read more & respond »
[session] Offline-First Apps with PouchDBBy Pat RomanskiIt’s easy to assume that your app will run on a fast and reliable network. The reality for your app’s users, though, is often a slow, unreliable network with spotty coverage. What happens when the network doesn’t work, or when the device is in airplane mode? You get unhappy, frustrated users. An offline-first app is an app that works, without error, when there is no network connection. Feb. 9, 2016 01:00 PM EST  Reads: 182read more & respond »
Integrate Cloud Foundry into Your EcosystemBy Automic BlogAs someone who has been dedicated to automation and Application Release Automation (ARA) technology for almost six years now, one of the most common questions I get asked regards Platform-as-a-Service (PaaS).
Specifically, people want to know whether release automation is still needed when a PaaS is in place, and why. Isn’t that what a PaaS provides? A solution to the deployment and runtime challenges of an application? Why would anyone using a PaaS then need an automation engine with workflow …Feb. 9, 2016 12:15 PM EST  Reads: 163read more & respond »
[session] Today’s IoT Business LandscapeBy Elizabeth WhiteWith an estimated 50 billion devices connected to the Internet by 2020, several industries will begin to expand their capabilities for retaining end point data at the edge to better utilize the range of data types and sheer volume of M2M data generated by the Internet of Things.
In his session at @ThingsExpo, Don DeLoach, CEO and President of Infobright, will discuss the infrastructures businesses will need to implement to handle this explosion of data by providing specific use cases for filte…Feb. 9, 2016 12:00 PM EST  Reads: 144read more & respond »

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K12 Inc. Second Quarter Fiscal 2016 Earnings Conference Call Details


January 14, 2016, 05:19:00 PM EDT

HERNDON, Va., Jan. 14, 2016 (GLOBE NEWSWIRE) — K12 Inc. (NYSE:LRN) announced today it plans to host a conference call to discuss its second quarter fiscal year 2016 financial results during a conference call scheduled for Thursday, January 28, 2016 at 8:30 a.m. eastern time (ET).

A live webcast of the call will be available at http://ift.tt/1SUA0SS. To participate in the live call, investors and analysts should dial (877) 407-4019 (domestic) or (201) 689-8337 (international) at 8:15 a.m. (ET). No passcode is required.  Please access the web site at least 15 minutes prior to the start of the call.

A replay of the call will be available starting on January 28, 2016 at 11:00 a.m. ET through February 28, 2016 at 11:00 a.m. ET, at (877) 660-6853 (domestic) or (201) 612-7415 (international) using conference ID 13627926. A webcast replay of the call will be available at http://ift.tt/1SUA0SS for 30 days.

About K12 Inc.

K12 Inc. (NYSE:LRN) is driving innovation and advancing the quality of education by delivering state-of-the-art, digital learning platforms and technology to students and school districts across the globe. K12’s award winning curriculum serves over 2,000 schools and school districts and has delivered more than four million courses over the past decade. K12 is a company of educators with the nation’s largest network of K-12 online school teachers, providing instruction, academic services, and learning solutions to public schools and districts, traditional classrooms, blended school programs, and directly to families. The K12 program is offered through K12 partner public schools in 33 states and the District of Columbia, and through school districts and public and private schools serving students in all 50 states and more than 100 countries.  More information can be found at K12.com.

K12 Inc.
Investor or Press Contact:
Mike Kraft, 571-353-7778
VP Finance & Corporate Treasurer
mkraft@k12.com

Source: K12 Inc.