Just as David Carter-Tod mentioned in a comment on an earlier post about eCollege’s latest earnings statement, Blackboard has now come out with this revenue announcement and a statement about “positive cash flow.”
Maybe someone can explain the difference in the two announcements to me (I know that one of them, eCollege, is publicly traded and thus announces ‘earnings per share’ while Blackboard is still privately held, and thus will not) – does this announcement amount to being ‘profitable?’ Can you tell I get trounced in the stock market 😉 – SWL