TITLE

Archipelago Builds, Buys And Partners in 2010

PUB. DATE
March 2011
SOURCE
Electronic Education Report;3/21/2011, Vol. 18 Issue 6, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the strategic investments at Archipelago Learning Inc. which resulted to a revenue of 58.7 million dollars in 2010 in the U.S. According to president and chief executive officer Tim McEwen, its opportunity to invest while others scale back is crucial as the shift to online digital solutions in K-12 education is accelerating. Archipelago projects that for 2011, revenue is at 68 million to 72 million and cash flow from operating activities is to be between 23 million and 27 million compared to 27.9 million in 2010.
ACCESSION #
60618521

 

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