Blackboard Inc, Fourth Quarter Earnings Call
24th March 2008 00:00 AM |
|
| Revenue increased 44% to $51.4 million from $35.7 million in the prior year driven by strong growth in licensing of enterprise level products. |
|
| The provider of enterprise software applications and related services reported net income dropped 113% from $23.1 million or 85 cents a share in 2005 to $201,000, or 1 cent a share on higher operating expenses despite strong sales performance following the expansion of the client relationships through the acquisition and successful integration of WebCT. Near term revenue opportunity will be driven by ability to expand existing relationships through up-selling and cross-selling. |
|
|
Full Story... |
Blackboard Fourth Quarter Earnings Call
13th February 2008 00:00 AM |
|
| Income rose significantly to $4.2 million or 14 cents a share as a result of revenue growth and positive impact from tax provisions. |
|
| The provider of innovative educational products reported a 23% increased in revenues to $63.2 million from $51.4 million in the prior year driven by continued growth in the annual licensing of enterprise level products, as well as continued strong growth from ASP hosting business. The firm experienced a negative impact on earnings from currency translation losses relating to the pay down of inner company debt, which will reduce the impact of translation, losses and gains in future. |
|
|
Full Story... |
Blackboard Third Quarter Earnings Call
18th December 2007 00:00 AM |
|
| Net income was $3.3 million or 11 cents per share compared to a net loss of $4.8 million or 17 cents for the third quarter of 2006. |
|
| The leading provider of enterprise software solutions to the education industry reported revenue of $61.6 million, up 22% from prior year, on 24% growth in product revenue and 9% growth in professional services revenue. The firm ended the quarter with a total of 3,797 Enterprise category licenses and 1,077 licenses for Blackboard Learning System basic product. For fiscal 2007, the company projects net income in the range of $12.6 million to $13.1 million or 42 cents to 44 cents per share. |
|
|
Full Story... |
Blackboard Second Quarter Earnings Call
31st August 2007 00:00 AM |
|
| Net income was $3.4 million versus a net loss of $6.3 million in 2006, due to an increased subscriber base and ASP hosting. |
|
| The e-learning solutions provider reported a 36% growth in revenue to $59.4 million, due to strong growth in annual licensing of enterprise level products and ASP hosting service to global academic institutions. Due to the convertible debt offering, the cash and cash equivalents rose by over 400% from $31 billion in 2006 to $169.5 million. Encouraged by the strong quarterly results, the company has revised its EPS guidance upwards to 39 cents a share. |
|
|
Full Story... |
Blackboard First Quarter Earnings Call
8th May 2007 00:00 AM |
|
| Profit increased to $1.9 million from $148,000 a year ago due to strong product sales. |
|
| Blackboard reported revenue increase of 47% to $55.3 million from $37.7 million a year ago. Revenue from product sales rose 51% while professional services revenue increased by 17% from the same period last year. The company signed first four license fees of Blackboard Outcome System. Total head count at the end of the quarter was 782 people. For the year, Blackboard expects net income of $10.6 million to $12.1 million, or 35 cents to 41 cents per share. |
|
|
Full Story... |
|
|
