Blackboard Inc. (BBBB) Tops Q3 EPS by 1c; Increases FY11 Revs Outlook, Guides Q4

May 9, 2011 4:02 PM EDT
Blackboard Inc. (NASDAQ: BBBB) reported Q3 EPS of $0.28, $0.01 better than the analyst estimate of $0.27. Revenue for the quarter came in at $123 million versus the consensus estimate of $119.18 million.

Sees Q4 2011 EPS of $0.27, versus the consensus of $0.27. Sees Q4 2011 revenue of $126 million, versus the consensus of $125.2 million.

Raises FY11 outlook to sales of about $540 million, versus $536.6 million consensus.


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