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eCollegecom Inc history
eCollegecom Inc company history timeline
By January 1997 Real Education had designed its first eLearning system and boasted delivery of a complete online educational package in 60 days for prospective clients.
Helmick need not have worried as Real Education (renamed eCollege.com) picked up several customers and easily surpassed his original client goal, hosting online programs for dozens of high profile clients by the end of 1998.
The company went public on the NASDAQ on December 15, 1999, seven months after its filing.
Enrollment fees accounted for three-quarters of the year's revenues, which rose 19 percent from 2001.
Revenues for 2003 climbed to $36.9 million and the company recorded its first profit, earning net income of $600,000.
The company was again named to the Forbes Top 25 Fastest Growing Tech Companies, and in 2006 eCollege continued to sign new customers, including Texas A&M University and international education and information services provider Thomson Higher Learning.
"ECollege.com ." International Directory of Company Histories, Volume 85. . Retrieved June 22, 2022 from Encyclopedia.com: https://www.encyclopedia.com/reference/dictionaries-thesauruses-pictures-and-press-releases/ecollegecom
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