Financial Briefs

May 2004
Educational Marketer;5/10/2004, Vol. 35 Issue 14, p7
Trade Publication
The article presents information on financial news of various firms. The first quarter revenue at e-learning platform provider eCollege Co. in Denver has increased 193% to 19.6 million dollars, including the 11.4 million dollar contribution from enrollment marketing firm Datamark, acquired in October 2003. Operating income of 2 million dollar was up from a quarterly loss of 407,000 dollar last year. Learning Systems increased first quarter revenue 39% to 132.2 million dollar in 2004, operating income for the quarter increased to 3.6 million dollar.


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