first_img Interactive whiteboard maker Promethean World reported a 22 per cent decline in its first-quarter revenue after being hit by a squeeze in US education budgets.It forecasts market conditions will remain challenging through 2011. Promethean, which gets more than half of its revenue from schools in the US, however, said a contract to supply 4,000 interactive display systems in Italy would boost its second-quarter revenue.Promethean, whose biggest competitor is Canada-based Smart Technologies, reported quarterly revenue of £41.2m compared with £53.9m last year.The company, which has resized its cost base to protect profitability, remains confident about long-term demand. KCS-content More From Our Partners Florida woman allegedly crashes children’s birthday party, rapes teennypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comConnecticut man dies after crashing Harley into live‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 Share Tuesday 19 April 2011 8:01 pm whatsapp whatsapp Promethean World sees profits slide 22 per cent Show Comments ▼ Tags: NULLlast_img