Mynd Announces Fiscal Year 2023 Results
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by Joe Lambert
3w ago
Delivers Revenue of $413.6 Million and Successfully Completes Transformational Merger Transaction Seattle, WA., March 27, 2024 – Mynd.ai, Inc. (the “Company” or “Mynd”) (NYSE American: 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 levels Gross Margin improved 30 basis points versus 2022 to 24.9%, largely due to lower materials and freight costs Ca ..read more
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Mynd.ai’s Promethean brand named the global leader in IFPDs for education in the fourth quarter of 2023
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by Joe Lambert
1M ago
Mynd.ai’s flagship brand, Promethean, regains No. 1 status as the global leader in interactive flat panel displays for education SEATTLE, March 7, 2024 — Mynd.ai’s Promethean brand has been named the global leader in interactive flat panel displays (IFPDs) for education in the fourth quarter of 2023, according to Futuresource Consulting’s Q4 2023 report on the global IFPD market. In the last 12 months (Q4 2022 to Q4 2023), Promethean captured 17.4% of the K-12 (primary and secondary) IFPD volume market share globally. * In Q4 2023 alone, Promethean had a strong quarter globally*, with a 21.1 ..read more
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Promethean continues to be the global leader in IFPDs for education in the second quarter of 2023 and over the last 12 months
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by Alicia Tomaso
1M ago
SEATTLE, September 5, 2023 — Promethean has been named the global leader in interactive flat panel displays (IFPDs) for education, according to Futuresource Consulting’s Q2 2023 report on the World IFPD market. The company has been the No. 1 by volume in the global K-12 education sector (excluding China) since 2018 and has held the top spot for over five years.   In the last 12 months (Q3 2022 to Q2 2023), Promethean captured 19.6% of the K-12 (primary & secondary) IFPD volume market share globally.* In Q2 2023 alone, Promethean had a strong quarter globally*, with a 20.1% market shar ..read more
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Promethean wins three Tech & Learning Awards of Excellence for 2023
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by Joe Lambert
2M ago
The company was recognized for its ActivPanel LX display, OPS-A computing module, and Explain Everything Advanced lesson creation and delivery software (SEATTLE, February 7, 2023) – Promethean, a leading global education technology company, received three Best of 2023 awards from Tech & Learning magazine. The company’s ActivPanel LX interactive display, OPS-A computing module, and Explain Everything Advanced lesson creation and delivery software were recognized for providing exceptional support in the classroom for teachers and students. The ActivPanel LX is Promethean’s newest panel that ..read more
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Mynd.ai to Ring NYSE First Trade Bell on February 5th
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by Joe Lambert
2M ago
Seattle, February 2, 2024 /PRNewswire/ — Mynd.ai, Inc. (“Mynd” or the “Company”) (NYSE American: MYND), today announced that Vin Riera, CEO, alongside members of Mynd’s executive management team will ring the First Trade Bell at the New York Stock Exchange on Monday, February 5, 2024.   The ceremony marks the successful completion of a merger on December 13, 2023, in which Promethean World Ltd., a global leader for over 20 years in interactive technology, offering best-in-class hardware and software solutions in the K-12 and corporate markets, became the business of the Company which ..read more
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Promethean introduces new game-changing whiteboard app at FETC 2024
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by Joe Lambert
3M ago
The Explain Everything Whiteboard will soon be included on every ActivPanel 9, giving teachers a powerful, easy-to-use tool to create and deliver engaging lessons (SEATTLE, January 24, 2023) – Promethean, a leading global education technology company, will showcase its new Explain Everything Whiteboard app at this year’s Future of Education Technology Conference (FETC) in Orlando, Fla., January 23 – 26. The app will be included on all ActivPanel 9 and ActivPanel 9 Premium interactive displays, so both current and future customers will have free access to it. Because the Explain Everything Whit ..read more
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Mynd.ai, Inc. Consummates Merger Transaction
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by Joe Lambert
4M ago
Seattle, WA, December 13, 2023 /PRNewswire/ — Mynd.ai, Inc. (“Mynd” or the “Company”) (NYSE: MYND), is pleased to announce the successful completion of the merger transaction (“Merger Transaction”) by which Gravitas Education Holdings, Inc. (“GEHI”) acquired Elmtree Inc. (“eLMTree”) from Best Assistant Education Online Limited, a subsidiary of NetDragon Websoft Holdings Limited (HKEX: 0777, “NetDragon”). In connection with the Merger Transaction, GEHI has changed its corporate name to “Mynd.ai, Inc.” and its ticker symbol from “GEHI” to “MYND”. The CUSIP of the Company’s American Deposita ..read more
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Promethean appoints Starin as value-add distributor for workplace solutions
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by Alicia Tomaso
5M ago
Effective November 7th, 2023, Promethean has appointed Starin, a Midwich Group company, as its new ActivPanel for the Workplace distributor. This value-add partnership strengthens Promethean’s position in the regions by providing a dedicated distribution channel for its workplace solutions. The partnership bolsters Promethean’s channel strategy as Starin prioritizes key relationships in the unified communications market and ActivPanel for Workplace seamlessly integrates with Starin’s extensive offerings. “We are thrilled to pair our innovative technology with the expertise of the Starin team ..read more
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Promethean’s ActivPanel 9 wins a 2023 Tech Edvocate Award
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by Alicia Tomaso
7M ago
(SEATTLE, September 27, 2023) – Promethean, a leading global education technology company, received high honors in the 2023 Tech Edvocate Awards. The company’s ActivPanel 9 interactive display won the award for “Best Classroom Audio-Visual App or Tool.” Promethean was also a finalist in the category for “Best Global EdTech Company.” Powered by Promethean’s patented ActivSync technology, the ActivPanel 9 responds to the evolving educational environment by breaking down barriers between devices, enabling increased connectivity and collaboration, and supporting hybrid and in-classroom learning. I ..read more
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Promethean continues to be the global leader in IFPDs for education in the second quarter of 2023 and over the last 12 months
ResourcEd
by Alicia Tomaso
8M ago
SEATTLE, September 5, 2023 — Promethean has been named the global leader in interactive flat panel displays (IFPDs) for education, according to Futuresource Consulting’s Q2 2023 report on the World IFPD market. The company has been the No. 1 by volume in the global K-12 education sector (excluding China) since 2018 and has held the top spot for over five years.   In the last 12 months (Q3 2022 to Q2 2023), Promethean captured 19.6% of the K-12 (primary & secondary) IFPD volume market share globally.* In Q2 2023 alone, Promethean had a strong quarter globally*, with a 20.1% market shar ..read more
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