PS - Pluralsight Banks On Acquisitions
According to a Global Markets Insight report, the global e-learning market is estimated to reach $300 billion by 2025 from $190 billion in 2018 driven by the adoption of the technology in the academic segment. Cedar Valley, Utah,-based Pluralsight (PS) is a leading player in the e-learning segment that continues to outpace market expectations.
Pluralsight's Financials
For the recently reported first quarter, Pluralsight's revenues grew 40% to $69.6 million, ahead of the Street's forecast of $68.3 million. The quarter's billings grew 41% to $77.9 million. The company continued to report losses and ended the quarter