Company Overview of Scantron Corporation
Scantron Corporation provides assessment and survey solutions to education, commercial, government, and healthcare industries worldwide. It offers Achievement Series, a Web-based assessment solution for K-12 educators; Performance Series, a computer-adaptive diagnostic test; and EXCEED RTI, a Web-based management tool for response to intervention. It also provides ParSYSTEM, an integrated suite of software modules that enables to create, administer, and score tests on paper via networks or over the Internet; and Prosper, an assessment system that simplifies the steps of the testing process; Remark, that is designed for use with optical mark read scanners; Class Climate that helps universitie...
1313 Lone Oak Road
Eagan, MN 55121-1334
Founded in 1972
Key Executives for Scantron Corporation
Senior Vice President of Finance
Chief Executive Officer of Harland Clarke Holdings Corp and President of Harland Clarke Holdings Corp
Compensation as of Fiscal Year 2015.
Scantron Corporation Key Developments
Scantron and PEOPLECERT Form Strategic Alliance to Enhance International Assessment Experience
Mar 2 15
Scantron Corporation and PEOPLECERT announced a strategic alliance that will enhance the assessment experience for international employers and professionals. The combined expertise will deliver high-quality, standardized exams in critical global marketplaces such as education, certification, licensure, and employment examinations. The newly formed alliance will improve the international landscape of assessment development, certification exams, rapid and accurate exam scoring, remote proctoring, and other elements. It will also enable test takers worldwide to utilize unrivalled testing solutions.
Scantron Corporation Launches Next Generation Science Item Bank
Jun 30 14
Scantron Corporation announced the release of its Next Generation Science Item Bank. Developed by the company assessment experts to specifically measure student proficiency on the next generation science Standards (NGSS), the item bank targets performance expectations in life, physical and earth sciences for grades kindergarten through eight. Varied item types focus on individual practices, core ideas and cross-cutting concepts as described in the standards. By developing and incorporating this new science item bank into a comprehensive assessment solution, educators will have the data they need to guide instruction and monitor student progress toward meeting the science knowledge and skills required to compete and lead in global economy. The NGSS are based on the Framework for K12 science education developed by the National Research Council. This effort was a collaborative, state-led process that created new K12 science standards that will better prepare high school graduates for the rigors of Science, Technology, Engineering, and Mathematics college majors and careers. The Achievement Series assessment solution is used for district-based benchmarking, interim assessments, and classroom-based formative testing. The solution offers districts and schools unique assessment functionality by providing educators the key components for effective results: item bank options, test development, test delivery choices, and reports that provide immediate data to inform instruction with links to available resources. The item bank will be available through achievement series, the company assessment solution used for district-based benchmarking, interim assessments, and classroom-based formative testing.
Scantron Announces Unaudited Earnings Results for the Third Quarter and Nine Months Ended September 30, 2013; Announces Asset Impairment Charges for the Third Quarter Ended September 30, 2013
Nov 8 13
Scantron announced unaudited earnings results for the third quarter and nine months ended September 30, 2013. For the quarter, the company reported total net revenues of $32.1 million against $30.2 million a year ago. Operating income was $4.0 million against operating loss of $5.2 million a year ago. Adjusted EBITDA was $4.9 million against $7.1 million a year ago. EBITDA was $8.8 million against LBITDA of $0.9 million a year ago.
For the nine months, the company reported total net revenues of $89.2 million against $89 million a year ago. Operating loss was $8.1 million against $26.0 million a year ago. Adjusted EBITDA was $10.7 million against $8.7 million a year ago. EBITDA was $7.1 million against LBITDA of $12.9 million a year ago.
The company announced asset impairment charges of $0.2 million.
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