Pearson’s 2024 Q1 trading update is now available. Of the PTE, it says:

“Pearson Test of English declined slightly due to a strong comparator, and we expect performance will ramp through the year.”

We’ll see. I’m bullish on PTE’s potential, but we are now in the brave new world of reduced admissions in Canada, the UK and Australia. One imagines that fewer people will take English tests in general.

Q1 results from Duolingo will be published in a few days. Perhaps they will provide more clues as to what lies ahead.

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