http://www.blackboard.com/Company/Media-Center/Press-Releases.aspx?releaseid=1491354
BBBB is a good business but current economic situation could keep negatively impact its business. Most of universities are cutting budget so the growth won't be high for a while. Currently the stock is priced as a high growth stock if you simply look at its PE ratio (67). A great company like Amazon just has that level of PE but with a much bigger potential as I see it.
The new quarter report is just alright since everything is inline with forecast. No wonder there is not much action in after-hours. Here are analysts' opinion and key ratio trend summary for those of you interested in BBBB.
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