Pearson revenues rise as 2m sign up for new app

Educational publisher Pearson reported a rise in revenues for the nine months to September 30 driven by growth in assessment and qualifications which offset a fall in US higher education enrolments due to Covid-19 infections.
Group underlying profit for the period rose 10%. Pearson said it was on track to meet full-year expectations and added that 2 million people had registered for its new US learning app as it looked to move into the direct-to-consumer market beyond schools and colleges.