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PowerSchool(PWSC) - 2024 Q2 - Quarterly Report
2024-08-09 20:16
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-40684 PowerSchool Holdings, Inc. (Exact name of registrant as specified in its charter) Delaware 85-4166024 (State or other juris ...
PowerSchool(PWSC) - 2024 Q2 - Quarterly Results
2024-08-09 20:15
PowerSchool Announces Second Quarter Financial Results • Second quarter total revenue increased 10% year-over-year to $191.6 million, meeting outlook • Second quarter GAAP net loss was $25.7 million, representing 13% of total revenue, and Adjusted EBITDA* increased 9% year-over-year to $66.6 million, meeting outlook and representing 35% of total revenue FOLSOM, CA – August 9, 2024: PowerSchool Holdings, Inc. (NYSE: PWSC) ("PowerSchool" or the "Company"), the leading provider of cloud-based software for K-12 ...
PowerSchool Holdings, Inc. Investigated by Block & Leviton; Investors Are Encouraged to Contact the Firm
Newsfilter· 2024-07-31 19:30
BOSTON, July 31, 2024 (GLOBE NEWSWIRE) -- Boston-based law firm Block & Leviton is currently investigating PowerSchool Holdings, Inc. (NYSE:PWSC) for potential breaches of fiduciary duty to stockholders. This inquiry stems from Bain Capital's recent announcement that it has agreed and approved a cash transaction to acquire PowerSchool at a valuation of $5.6 billion. One of the main concerns of the investigation is that the transaction's terms significantly favor major investors, including existing stakehold ...
PowerSchool Holdings, Inc. Investigated by Block & Leviton; Investors Are Encouraged to Contact the Firm
GlobeNewswire News Room· 2024-07-31 19:30
BOSTON, July 31, 2024 (GLOBE NEWSWIRE) -- Boston-based law firm Block & Leviton is currently investigating PowerSchool Holdings, Inc. (NYSE: PWSC) for potential breaches of fiduciary duty to stockholders. This inquiry stems from Bain Capital's recent announcement that it has agreed and approved a cash transaction to acquire PowerSchool at a valuation of $5.6 billion. One of the main concerns of the investigation is that the transaction's terms significantly favor major investors, including existing stakehol ...
PowerSchool Alert: PWSC Shareholders Seeking More Money Should Contact Julie & Holleman LLP About Potential Legal Claims Regarding Sale to Bain Capital
Prnewswire· 2024-07-29 11:45
For a free, no-risk consultation, please visit https://julieholleman.com/powerschool-holdings-inc/, or contact firm partner Scott Holleman by email at [email protected]. Julie & Holleman, whose attorneys have helped secure hundreds of millions of dollars for shareholders, is concerned about both conflicts of interest and the inadequate deal price. PowerSchool's biggest shareholders, Vista and Onex, are "rolling over" shares into the post-close company while public shareholders are being cashed out. Moreover ...
PowerSchool Merger Update: PWSC Shareholders Seeking More Money Should Contact Julie & Holleman LLP About Potential Legal Claims
Prnewswire· 2024-07-24 17:30
NEW YORK, July 24, 2024 /PRNewswire/ -- Shareholder rights firm Julie & Holleman LLP is investigating the proposed $5.6 billion acquisition of PowerSchool Holdings, Inc. (NYSE: PWSC), by private equity firm Bain Capital. Julie & Holleman has already uncovered several conflicts of interest, and recent developments show the deal undervalues the company. For a free, no-risk consultation, please visit https://julieholleman.com/powerschool-holdings-inc/, or contact firm partner Scott Holleman by email at [email ...
PWSC INVESTIGATION NEWS: PowerSchool (NYSE:PWSC) Shareholders are Notified to Contact BFA Law about Investigation into the Company's Acquisition Price
Newsfilter· 2024-07-11 11:08
NEW YORK, July 11, 2024 (GLOBE NEWSWIRE) -- Top law firm Bleichmar Fonti & Auld LLP is investigating the PowerSchool Holdings, Inc. ("PowerSchool") (NYSE:PWSC) buyout by Bain Capital. If you invested in PowerSchool, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases/powerschool-holdings-inc-investigation. PowerSchool is controlled by Vista and Onex through their collective ownership of over 70% of PowerSchool's stock. According to the merger announcement, Vista and ...
PWSC INVESTIGATION NEWS: PowerSchool (NYSE:PWSC) Shareholders are Notified to Contact BFA Law about Investigation into the Company's Acquisition Price
GlobeNewswire News Room· 2024-07-11 11:08
NEW YORK, July 11, 2024 (GLOBE NEWSWIRE) -- Top law firm Bleichmar Fonti & Auld LLP is investigating the PowerSchool Holdings, Inc. ("PowerSchool") (NYSE: PWSC) buyout by Bain Capital. Why is PowerSchool being Investigated by BFA Law? PowerSchool is controlled by Vista and Onex through their collective ownership of over 70% of PowerSchool's stock. According to the merger announcement, Vista and Onex will rollover a portion of their equity investment in the post-close company. BFA Law is currently investigat ...
POWERSCHOOL INVESTORS: Kaskela Law LLC Announces Investigation of PowerSchool Holdings, Inc. (NYSE: PWSC) Buyout and Encourages Investors to Contact the Firm
Prnewswire· 2024-07-08 12:00
PHILADELPHIA, July 8, 2024 /PRNewswire/ -- Kaskela Law LLC announces that it is investigating the fairness of the recently announced proposed buyout of PowerSchool Holdings, Inc. (NYSE: PWSC) ("PowerSchool") stockholders. The investigation thus far has revealed that the process leading up to the announcement of the buyout appears to have significant conflicts of interest, thus making the sales process as well as the price-per-share appear unfair to the company's shareholders. Notably, immediately prior to t ...
PWSC INQUIRY UPDATE: PowerSchool (NYSE:PWSC) Shareholders are Reminded to Contact BFA Law about Investigation into the Company's Deal Price
GlobeNewswire News Room· 2024-07-08 11:08
NEW YORK, July 08, 2024 (GLOBE NEWSWIRE) -- Top law firm Bleichmar Fonti & Auld LLP is investigating the PowerSchool Holdings, Inc. ("PowerSchool") (NYSE: PWSC) buyout by Bain Capital. If you invested in PowerSchool, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases/powerschool-holdings-inc-investigation. Why is PowerSchool being Investigated by BFA Law? On June 7, 2024, PowerSchool publicly announced that it entered into a merger agreement to be acquired by Bain C ...