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For more than a year rumors have surfaced that the fast-growing Minneapolis-based online education company has been planning for an initial public offering (IPO). This is the second highly anticipated IPO this year — ev3 filed plans for an IPO last month.Read the Full Story
The company, based in Cupertino, Calif., posted revenue growth of 70 percent in the second quarter, from $1.91 billion to $3.24 billion. Profit in the quarter was $290 million, or 34 cents a share, compared with $46 million, or 6 cents in the period a year ago.Read the Full Story
With textbook prices rising — more than 60 percent over the past decade, one report found — students are increasingly turning to the Internet to look for deals.Read the Full Story
DENVER, March 10 /PRNewswire-FirstCall/ –eCollege(R) (Nasdaq: ECLG), a leading provider of value-added information services to the post-secondary education industry, today announced it achieved record revenue of $24.4 million for the fourth quarter ending December 31, 2004, up 60 percent from $15.2 million for the fourth quarter of 2003.Read the Full Story
Saba and SumTotal Systems showed a positive tendency. Blackboard had good results, yet it still has to struggle with capricious shareholders. Centra’s yearly results were disappointing and additionally the company has not come up with a clear forecast for 2005. Skillsoft tumbled sharply. Read the Full Story
Now the consolidation wave is likely to hit the equipment makers that supply the big carriers.Read the Full Story
The analyst’s Worldwide Benchmark Database shows spending in specific areas of the economy, such as education, insurance and healthcare, is expected to rise by eight per cent or more.Read the Full Story
DENVER, Feb. 8 /PRNewswire-FirstCall/ — eCollege(R) (Nasdaq: ECLG), a leading provider of value-added information services to the post-secondary education industry, today announced it has been named to Forbes’ list of the Top 25 Fastest Growing Technology Companies in the country. eCollege ranked twelfth, and is one of only 14 companies to make the list both […]
Leslie Stretch, Sun UK managing director, told the Education and Skills Committee investigation into UKeU last week that the supplier initially invested £5.5 million in the venture.Read the Full Story
According to a survey by the California Student Public Interest Research Group (CALPIRG), the Oregon Student Public Interest Research Group (OSPIRG) and the OSPIRG Foundation, students on average spent $898 on textbooks in 2003 to 2004, compared to an average of $642 in 1996 to 1997. Read the Full Story
