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Blackboard Inc. Reports Second Quarter Revenue of $92.1 Million
BBBB
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+18.82%
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112 days
<font> Blackboard Inc. ( BBBB ) today announced financial results for the second quarter ended June 30, 2009 and updated guidance for the third quarter and the full year of 2009. </font> <> <font> Total revenue for the quarter ended June 30, 2009 was $92.1 million, an increase of 22 percent over the second quarter of 2008. Product revenues for the quarter were $83.4 million, an increase of 22 percent over the second quarter of 2008, while professional services revenues for the quarter were $8.7 million, an increase of 22 percent over the second quarter of 2008. The increase in rev...
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Blackboard dominating its market
BBBB
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+27.96%
in
607 days
BBBB - dominate the academic software market for the next several years. S table academic IT spending and good cross selling of products. Recession proof since IT spending of colleges keeps going in bad times. Expansion of margins.
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BBBB - Gonna get an A
BBBB
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+39.08%
in
1023 days
Company expected to report results tonight on Tuesday, Feb 6, 2007 - expect results to come in higher than its guidance - while the company could raise full-year 2007 guidance, this is probably unlikely - the company typically exhibits back-end loaded years and thus believe the stock could increase considerably as the year progresses.
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From the Blogosphere
Earnings highlights: Cisco, Ford, Humana, MasterCard, Starbuck, Toyota ...
Blackboard rides the education boom
Earnings Roundup: KNXA, BBBB, NETL, MALL, QSFT
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Some day, earnings period will end. Today is not that day. Here’s a roundup of some of this afternoon’s tech earnings reports: <>Kenexa (KNXA): The HR software provider posted Q3 revenue of $40.3 million and non-GAAP EPS of 18 cents a share; that beat the Street at $39.1 million and 16 cents. But for Q4, the company sees revenue of $38 million to $40 million, and non-GAAP EPS of 13-15 cents; the Street had expected $40 million and 18 cents. In late trade, KNXA is down 2 cents at $12.44.<>Blackboard (BBBB): The provider of software to schools reported Q3 revenue of $98.4 million, up 18% year o...
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Blackboard: Time To Buy, Weisel Says
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Blackboard (BBBB) shares are on the rise this morning after Thomas Weisel Partners analyst Tom Roderick lifted his rating on the stock to Overweight from Market Weight, boosting his price target on the provider of education infrastructure software to $37, from $32. Yesterday, the stock closed at $28.58. <>“For the better part of the past year, we have been vocally cautious on BBBB shares on concerns that the end markets, weighed down by declining tax revenues and shrinking endowments, were set to contract,” he writes. “While we still believe that is a valid concern heading into the company’s J<><><>< /><>< /><>< /><>< /><>< />< />...
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Earn Good Grades with an Investment in Blackboard
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<>Over the past decade there has been a noticeable shift within the field of education and a strong push for continued integration of technology in education. The newly-elected administration understands this world-wide shift and understands America is currently behind the curve as far as education is concerned. To combat this, the administration is concentrating its efforts on increasing the quality of America’s education, resources for required for this education, and technology in the classroom. Thus, education IT seems to be a favorable sub-sector in the long run, and should experience <><>...
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About Blackboard Inc
- Answers.com
No doubt, the internet is transforming the education market. After all, schools need to find ways to cut costs as well as improve instruction. And, the dominant player in providing digital solutions for education is 
