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Article: Blackboard Inc. Reports Third Quarter Revenue of $98.4 Million.

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PR Newswire
Article date:
November 3, 2009
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- Revenue Increases 18 Percent Year-Over-Year - - Company Raises Revenue, Non-GAAP Earnings and Cash Flow Guidance -

WASHINGTON, Nov. 3 /PRNewswire-FirstCall/ -- Blackboard Inc. today announced financial results for the third quarter ended September 30, 2009 and updated guidance for the fourth quarter and the full year of 2009.

Total revenue for the quarter ended September 30, 2009 was $98.4 million, an increase of 18 percent over the third quarter of 2008. Product revenues for the quarter were $87.9 million, an increase of 18 percent over the third quarter of 2008, while professional services revenues for the quarter were $10.5 million, an increase of ... 







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