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MarketScreener Homepage  >  Equities  >  Nyse  >  Barnes & Noble Education, Inc.    BNED

BARNES & NOBLE EDUCATION, INC.

(BNED)
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Barnes & Noble Education : Bartleby® to Introduce New Math Solver Powered by Wolfram|Alpha

01/07/2021 | 09:57am EDT

Easy-to-Use Calculator Will Allow Students to Access Real-Time Explanations for Math Questions

Barnes & Noble Education, Inc. (NYSE: BNED), a leading solutions provider for the education industry, today announced an agreement with Wolfram|Alpha to develop a math solver as a new feature in the Company’s bartleby suite of homework help and learning solutions. Powered by Wolfram|Alpha’s best-in-class computation engine, the math solver will allow students to access an interactive digital calculator that provides real-time, step-by-step explanations for even the most advanced math problems.

“As our rapidly growing bartleby suite of digital services continues to gain market acceptance in its mission of helping students learn anywhere and at any time, it is very clear that math is the subject where students require a significant amount of learning support,” said Michael P. Huseby, CEO and Chairman, BNED. “Working with Wolfram Alpha to develop a math solver is a natural expansion of our learning ecosystem, combining Wolfram’s computational knowledge and academic credibility with bartleby’s high-value learning solutions. Importantly, it will ensure that bartleby continues to grow with the students it serves, adding functionality that can meet the urgent demand to even better support students in this subject area.”

As the creators of Mathematica and Wolfram|Alpha, Wolfram has long been a trusted name in education, providing highly sophisticated technical computing solutions to thousands of colleges and universities globally. Leveraging Wolfram|Alpha’s broad knowledge base and demonstrated expertise in solving advanced math problems, the math solver will allow students to input their equations on the bartleby mobile or web platform and receive a detailed explanation in real-time, helping students to understand how to solve the problem on their own. Coupled with the existing step-by-step solution database and expert Q&A already accessible through bartleby, math solver will ensure that – no matter the question – bartleby can provide students with the help they need.

Wolfram Business Development Executive Tom Mayo said, "We are excited to be working with BNED, and to help provide bartleby users with world-class solutions that enable students to study mathematics, chemistry, physics and other curriculums in which Wolfram is a leader. We are certain that bartleby powered by Wolfram will be a game-changer in the homework help space."

“We are thrilled to work with Wolfram Alpha to develop this new tool,” Mr. Huseby continued. “Our companies share a deep history of serving colleges and universities, and Wolfram’s focus on learning will ensure that we are growing the bartleby ecosystem with solutions that help students to develop the knowledge and understanding they need as they move from classrooms to careers.”

ABOUT BARNES & NOBLE EDUCATION, INC.
Barnes & Noble Education, Inc. (NYSE: BNED)
is a leading solutions provider for the education industry, driving affordability, access and achievement at hundreds of academic institutions nationwide and ensuring millions of students are equipped for success in the classroom and beyond. Through its family of brands, BNED offers campus retail services and academic solutions, a digital direct-to-student learning ecosystem, wholesale capabilities and more. BNED is a company serving all who work to elevate their lives through education, supporting students, faculty and institutions as they make tomorrow a better, more inclusive and smarter world. For more information, visit www.bned.com.


© Business Wire 2021
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Financials (USD)
Sales 2021 1 442 M - -
Net income 2021 -116 M - -
Net Debt 2021 - - -
P/E ratio 2021 -3,02x
Yield 2021 -
Capitalization 363 M 363 M -
Capi. / Sales 2021 0,25x
Capi. / Sales 2022 0,21x
Nbr of Employees 4 450
Free-Float 64,5%
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Technical analysis trends BARNES & NOBLE EDUCATION, INC.
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Income Statement Evolution
Consensus
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Mean consensus BUY
Number of Analysts 2
Average target price 9,50 $
Last Close Price 7,06 $
Spread / Highest target 41,6%
Spread / Average Target 34,6%
Spread / Lowest Target 27,5%
EPS Revisions
Managers and Directors
NameTitle
Michael P. Huseby Executive Chairman & Chief Executive Officer
Thomas D. Donohue Chief Financial Officer & Senior Vice President
Stephen Culver Chief Information Officer & Senior Vice President
John R. Ryan Lead Independent Director
David A. Wilson Independent Director
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