0.31%QQQQ 43.45 
0.48%XLF 21.74 3.62%
Digg
Del.icio.us
Newsvine 
Facebook
Stumbleupon
WASHINGTON - Educational software company Blackboard Inc. said Monday it expects its fourth-quarter profit to rise, helped by strong licensing sales.
| BBBB | 38.73 |  -0.3 |
The company expects profits in the range of 11 to 13 cents per share, compared with 1 cent per share for the same quarter last year.
Excluding one-time items, the company expected to earn in the range 23 to 25 cents per share, compared with 22 cents per share in the same quarter last year.
The company expects sales in the range of $62 million to $63 million, compared with sales of $51.4 million last year.
Analysts polled by Thomson Financial expect earnings of 25 cents per share on sales of $61.95 million.
Analysts typically exclude one-time items.
The company reported strong licensing agreements for its "Blackboard Learning System" and other titles.
Blackboard also said it expects 2008 sales of $278 million to $284 million, including revenue from its proposed purchase of mass messaging company NTI Group Inc., which it also announced Monday.
Analysts polled by Thomson Financial expect 2008 sales of $279.1 million.
The above adage is well known by precious-metals investors; in fact I used this quote in one of our monthly reports. I recall how many inquiries ...
The review was scathing. "She cannot sing very well," it said. "She is flat a go...
IN THE HEADLINES McCain caps GOP convention vowing 'change is coming' to Washing...
Professional Website Design For Corporate - Get a Free Quote Today
Partners  
|
© 2008 The Ibtimes Company. All Rights Reserved. Terms of service | Privacy Policy | Advertising | About Us | Contact Us | Archives
EMAIL
PRINT
RSS
SHARE
