| | Business Summary | | Edison
Schools
Inc.
manages
elementary
and
secondary
public
schools
under
contracts
with
school
districts
and
charter
schools
located
in
16
states
and
Washington,
D.C.
The
Company
opened
its
first
four
schools
in
the
fall
of
1995,
and,
as
of
June
30,
2000,
operated
79
schools
with
approximately
37,500
students.
The
Company
provides
the
education
program,
recruits
and
manages
personnel,
and
maintains
and
operates
the
facilities
at
each
school
it
manages.
The
Company
also
assists
charter
schools
in
obtaining
facilities
and
the
related
financing.
As
compensation
for
its
services,
the
Company
receives
revenues
which
approximate,
on
a
per
pupil
basis,
the
average
per
pupil
spending
of
the
school
district
in
which
the
school
is
located. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | Edison
Schools,
Inc.
is
a
private
operator
of
public
schools
serving
students
from
kindergarten
through
12th
grade,
contracting
with
local
school
districts
to
assume
educational
and
operational
responsibility
for
schools
in
return
for
per-pupil
funding.
For
the
nine
months
ended
3/31/01,
revenue
rose
62%
to
$266.7
million.
Net
loss
rose
5%
to
$29.3
million.
Results
reflect
an
increased
number
of
schools
under
management,
offset
by
increased
direct
site
expenses. Recent Earnings Announcement
For
the
3
months
ended
06/30/2001,
revenues
were
109,128;
after
tax
earnings
were
-8,800. (Preliminary; reported in thousands of dollars.) | | More
from
Market Guide: Significant
Developments |
| | |
| Position | | Benno Schmidt, Jr., 58 | Chairman | | H. Christopher Whittle, 53 | Pres,
CEO | | James Starr, 37 | CFO
and Exec. VP | | Christopher Cerf, 45 | COO,
Director | | Laura Eshbaugh, 52 | Exec.
VP |
| More
from
Market Guide on Officers & Directors:
Expanded
List, Bios,
Compensation,
Options
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/e/edsn.gif)