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PS - Pluralsight Growing Through Large Partnerships
Pluralsight Inc.
A Global Markets Insight report published earlier this year estimates the global e-learning market to grow 7% annually to over $300 billion by 2025. The academic sector is expected to grow at over 50% CAGR and the corporate or enterprise segment is expected to grow at 8%. Cedar Valley, Utah-based Pluralsight (PS), a leading player in the market recently reported its stellar third-quarter results.
Pluralsight's Financials
For the quarter, Pluralsight's revenues grew 34% to $82.6 million, ahead of the Street's forecast of $79.75 million. The quarter's billings grew 28% to $92.1 million. Net loss was