Nerdy Company Flat on Tutoring Word

Nerdy Inc. (NYSE: NRDY) reported its Varsity Tutors company and developer of the popular online tutoring platform used by students from elementary school through college and beyond, announced new teaching developments Friday.

The company is launching a teacher-assigned tutoring offering designed to enable educators to schedule live online face-to-face personalized tutoring for students who would benefit from additional, targeted intervention throughout the school year.

The Teacher Assigned model will be rolling out alongside Varsity Tutors’ full suite of tutoring models designed for the fall back-to-school season, which also includes High Dosage tutoring and On Demand tutoring.

This new offering comes at a critical time for both educators and students. With the increase in demands on educators, creating a seamless connection between teacher and tutor can bring support to overstretched teachers while giving students the additional personalized instruction they need to succeed.

“The concept of teacher-assigned tutoring,” reads this morning’s press release, “was developed by Varsity Tutors over the course of the last school year, informed by insights from over 200 K-12 districts and the company’s experience delivering millions of hours of live instruction to students over the last 15 years.

“Using a single platform, teachers can now request and schedule live tutoring, share insights, instructional materials and learning goals with tutors, and get real-time updates on how students are progressing.”
NRDY shares stepped back three cents to $2.96.