Leading provider of IT training to business and government organizations worldwide, Learning Tree International, Inc. (OTCMKTS:LTRE), announces that it will expand its course offerings.
HERNDON, Va.–(BUSINESS WIRE)–
Learning Tree International, Inc. (LTRE) today announced a new worldwide partnership strategy involving third-party solutions to better provide comprehensive, end-to-end training solutions for IT organizations worldwide. The company will initially expand its course offerings in North America to include 12 Cisco courses spanning networking fundamentals such as routing and switching, network security and wireless networking. A suite of Adobe training offerings — including titles on Illustrator, Photoshop, and other Adobe programs — will also be available in the next two weeks.
Click to View Cisco Training Options»
“Learning Tree is proud to expand our offerings, boosting our ability to help IT organizations tackle their workforce development challenges with blended learning solutions,” said Richard A. Spires, CEO of Learning Tree International. “This is a categorical change from Learning Tree’s historical approach of developing and delivering vendor-independent content, and allows Learning Tree to best serve the needs of our clients by growing our playbook strategically.”
This new partnership strategy supports Learning Tree’s commitment to providing full-service, blended learning solutions to IT organizations. From vendor-independent training and industry-leading certifications, to a full suite of workforce optimization services — these new options ensure Learning Tree can serve as the #1 provider of IT and workforce solutions for business and government organizations worldwide.
“As we shifted our strategy to include third-party solutions to ensure we’re meeting our clients’ needs, we knew that Cisco-certified content would be a part of this new approach,” said Magnus Nylund, COO of Learning Tree. “The ability to attain Cisco certification is important to our clients, and we want to help them achieve that as part of our end-to-end workforce optimization solutions offerings. Our goal is to offer resources our clients need beyond certification as well, including complimentary learning materials like webinars, video blogs, ebooks, and more.”
Learning Tree will continue to support the enrollment and attendance processes for these Cisco courses —as well as future third-party courses — and will continue to serve as a one-stop knowledge resource for clients at all stages of their learning journey.
Learning Tree will continue to grow their library of offerings through in-house development of vendor-independent courseware, in addition to this new strategy. Learning Tree’s new, multi-pronged partnership expansion strategy will include:
Third-Party Content: Offering courseware from industry-leading vendors like Cisco, Adobe and others
Enhanced Curricula: Strategically adding vendor content to current Learning Tree offerings to better support the client learning path
Certification Partnerships: Exploring opportunities to work with certification organizations that don’t have an established training channel
Reseller Partnerships: Exploring opportunities to expand client base via resellers to ensure outreach of Learning Tree’s proprietary, award-winning courses
About Learning Tree International
Established in 1974, Learning Tree is a leading provider of IT training to business and government organizations worldwide. Learning Tree provides Workforce Optimization Solutions – a modern approach to delivering learning and development services that improves the adoption of skills, and accelerates the implementation of technical and business processes required to improve IT service delivery. These services include: needs assessments, skill gaps analyses, blended learning solutions, and Project Acceleration Workshops.
Over 2.4 million professionals have enhanced their skills through Learning Tree’s extensive library of proprietary and partner content on topics including: web development, cyber security, project management, Agile, operating systems, networking, cloud computing, leadership, and more. To learn more, call 1-888-THE-TREE (843-8733) or visit LearningTree.com
Shares of Learning Tree International, Inc. (OTCMKTS:LTRE) are actively moving +0.00% thus far today on the news and have traded in the range of $1.61 – 2.24 during the session. A number of research firms have recently weighed in on the stock, providing future price targets. The covering firms currently have a consensus one-year price target of $5.00 on the stock. This is according to brokerage analysts polled by Thomson Reuters First Call. This is the average number from the individual targets provided by the firms. Analysts are projecting earnings per share of $0.00 for the next fiscal quarter. For the current year, analysts are predicting earnings of $0.36 per share according to First Call.
In looking at where the stock is trading on a technical level, the stock is trading +6.16% away from its 50-day moving average of $2.07. Based on the most recent available data, the equity is -12.00% off of its 52-week high of $2.50 and +266.67% away from its 52-week low which is $0.60.
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Today, the stock opened at $2.20 and the last bid at the time of writing stood at $2.20. During the session thus far, the equity dipped down to $1.61 and touched $2.24 as the high point. Learning Tree International, Inc. (OTCMKTS:LTRE) has a market cap of $29.09M and has seen an average daily volume of 5,945 over the past three months.
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