Blackboard / BBBB

About Blackboard

650 Massachusetts Ave. NW, Sixth Floor, Washington, D.C. 20001
www.blackboard.com | 202-463-4860 | Founded: 1997

Industry: Information Technology | Category: Public Companies

The company is organized into three parts: commerce and security, communication, and teaching. Blackboard provides these services to schools and universities, with more than 5,500 clients. Profit dropped in 2008 as personnel costs rose, partly related to a January 2008 acquisition. Blackboard said the economic downturn could lead clients, especially those that depend on government funding, to delay, reduce or eliminate purchases.

2008 Financial Data

Revenues: $312,134,000 | Net Income: $2,820,000
Asssets: $658,358,000 | Earnings Per Share: $0.09
Stockholder Equity: $268,632,000 | Annual Dividend: $0.00
Total employees: 1,087 | Local employees: 600