Blackbaud

Blackbaud, Inc. engages in the provision of cloud-based and on-premises software solutions and related services for the global philanthropic community. It offers solutions for fundraising and constituent relationship management (CRM), marketing, advocacy, accounting, peer-to-peer fundraising, corporate social responsibility (CSR), school management, ticketing, financial management, payment processing, and analytics. The company was founded by Anthony E. Bakker in 1981 and is headquartered in Charleston, SC.

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Earnings data Q4 2024

Blackbaud surpasses $1 billion revenue, targets 30% EBITDA margin

Blackbaud's Q4 2022 Earnings Call showcased strong financial performance, cost management, and governance improvements. The company aims for further margin expansion, workforce reductions, and revenue growth in 2023. Opportunities in pricing initiatives, data center optimization, and vertical growth are key focus areas.

Blackbaud reports strong Q1 results and raises 2023 guidance

Blackbaud's Q1 performance reflects revenue growth, strong bookings, and transactional revenue expansion, driven by strategic initiatives.
The company's focus on product innovation, cost management, and pricing strategies is enhancing operational efficiency and financial performance.
Despite challenges related to cybersecurity and contract renegotiations, Blackbaud is well-positioned for high single-digit growth and improved Rule of 40 performance.

Blackbaud reports Q2 revenue growth and aims for accelerated metrics

Blackbaud's Q2 performance reflects solid revenue growth, margin expansion, and successful execution of the 5-point plan, positioning the company for high single-digit organic revenue growth by Q4.
Despite challenges in pricing and competition, Blackbaud's core strengths in customer retention, revenue visibility, and product innovation offer opportunities for sustained growth and value creation.
With a focus on achieving Rule of 40 metrics ahead of schedule, Blackbaud aims to drive sustainable growth through continued revenue optimization and margin expansion strategies.

Blackbaud exceeds expectations in Q3, eyes significant growth ahead

Blackbaud's Q3 performance was robust, showcasing growth and innovation. Despite challenges in donation size and a slow start to the year, the company remains optimistic about future prospects. By prioritizing organic growth and strategic acquisitions, Blackbaud aims to drive value for shareholders and capitalize on emerging opportunities.

Blackbaud reports robust Q4 earnings, eyes growth amid investment challenges

Blackbaud's Q4 2023 showcased strong financial performance and exceeded full-year guidance, with a focus on revenue growth and cost management initiatives.
The company's strategic investments in AI, cybersecurity, and product innovation present challenges and opportunities for driving profitable growth in 2024.
Commitment to shareholder value through stock repurchases and prudent investments underscores Blackbaud's financial strength and strategic focus.
Excitement for continued momentum in 2024 indicates a positive outlook for sustained growth and profitability through innovation and financial discipline.

Blackbaud reports strong Q1 earnings, focuses on innovation and growth

Blackbaud showcased strong financial performance, product innovations, and a commitment to maximizing shareholder value.
Challenges such as divestitures and managing costs were addressed, with a focus on seizing growth opportunities.
The company's optimism about progress, focus on innovation, and commitment to delivering value were key takeaways.

Blackbaud revises 2024 guidance, emphasizes innovation and growth strategies

Blackbaud's Q3 performance showcased resilience amidst challenges, with a focus on innovation and customer success.
The company's strategic initiatives and strong financial position position it well for future growth.
Despite challenges from EVERFI, Blackbaud remains committed to enhancing value for stakeholders.

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Blackbaud (BLKB) came out with quarterly earnings of $0.98 per share, beating the Zacks Consensus Estimate of $0.93 per share. This compares to earnings of $0.75 per share a year ago.

Blackbaud (BLKB) Q2 Earnings Surpass Estimates

Company Shows Continued Strong Progress on Five-Point Operating Plan;  Reiterates Increased 2023 Financial Guidance CHARLESTON, S.C. , Aug. 1, 2023 /PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the leading provider of software for powering social impact, today announced financial results for its second quarter ended June 30, 2023.

Blackbaud Announces 2023 Second Quarter Results

A Blackbaud Partner, Momentum, is Helping Blackbaud Customers Create More Impact with AI CHARLESTON, S.C. , July 31, 2023 /PRNewswire/ --  Blackbaud  (NASDAQ: BLKB), the leading provider of software for powering social impact, today announced a strategic investment in Momentum, a leading AI-focused Blackbaud partner, graduate of Blackbaud's Social Good Startup tech accelerator program, and winner of Blackbaud's 2022 startup showcase.

Blackbaud Invests in Generative AI Startup for Social Impact

Revamped Program Simplifies Partner Onboarding and Offers New Resources to Grow the Blackbaud Partner Network CHARLESTON, S.C., July 26, 2023 /PRNewswire/ --  Blackbaud  (NASDAQ: BLKB), the leading provider of software for powering social impact, today announced its refreshed Blackbaud Partner Network , which will deliver shared value for partners, customers and the company.

Blackbaud Launches Refreshed Partner Program to Drive Innovation and Customer Impact

Blackbaud (BLKB) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Blackbaud (BLKB) Upgraded to Buy: Here's Why

CHARLESTON, S.C. , July 18, 2023 /PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the leading provider of software for powering social impact, will report its second quarter 2023 financial results on Tuesday, August 1, after the U.S. financial markets close for trading.

Blackbaud Announces Date of Second Quarter 2023 Financial Results

Blackbaud (BLKB) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Blackbaud, Inc. (BLKB) Hits Fresh High: Is There Still Room to Run?

Startups in the July 2023 Cohort of the Blackbaud Social Good Startup Program Are Creating AI Solutions to Help Social Impact Organizations Achieve More CHARLESTON, S.C. , July 11, 2023 /PRNewswire/ --  Blackbaud  (NASDAQ: BLKB), the leading provider of software for powering social impact, today announced the newest cohort of participants in its Social Good Startup Program.

Blackbaud's Tech Accelerator Program Welcomes 10 Startups Building Generative AI Solutions for Social Impact

Industry veteran brings a combination of nonprofit and technology experience FAIRFIELD, Conn. , July 11, 2023 /PRNewswire/ -- Foundation Source, the nation's largest provider of management solutions for private foundations, today announces the appointment of Michael P.

FOUNDATION SOURCE NAMES MICHAEL P. BEVILLE CHIEF REVENUE OFFICER

Blackbaud's (BLKB) performance benefits from higher transactional revenues and robust demand for its different platforms.

Blackbaud (BLKB) Gains 21.1% YTD: Will the trend Continue?

Seal of Alignment recognizes excellence of EVERFI's entire K-12 platform and suite of products WASHINGTON , June 27, 2023 /PRNewswire/ -- EVERFI from Blackbaud , the leading provider of educational programs for driving social impact, today announced that it has been awarded the International Society for Technology in Education (ISTE) Seal of Alignment. The Seal recognizes excellence in educational technology products and platforms, and awards are based on a rigorous review to ensure that products are in line with ISTE's standards based on learning science and practitioner experience.

EVERFI Awarded International Society for Technology in Education (ISTE) Seal of Alignment

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Over 14.9 Million Fundraising Pages Created on JustGiving to Support Good Causes Since 2000 CHARLESTON, S.C. , June 8, 2023 /PRNewswire/ -- Blackbaud  (NASDAQ: BLKB), the leading provider of software for powering social impact, is proud to announce that JustGiving has surpassed £6 billion ($8.5 billion) in donations through the platform.

$8.5 Billion Raised For Good Causes On JustGiving® From Blackbaud

Blackbaud's Annual Developers' Conference Kicks Off Today Exploring AI for Purpose-Driven Organizations CHARLESTON, S.C. , June 6, 2023 /PRNewswire/ --  Blackbaud  (NASDAQ: BLKB), the leading provider of software for powering social impact, today kicks off bbdevdays , its annual developers' conference showcasing technical innovation as well as customer and partner achievements.

Blackbaud Engages Developer Community to Help Shape the Future of Technology for Social Impact Organizations at bbdevdays

Launch of next generation Intelligence for Good® strategy provides first glimpse into wide-ranging product enhancements across portfolio CHARLESTON, S.C. , June 5, 2023 /PRNewswire/ -- Blackbaud  (NASDAQ: BLKB), the leading provider of software for powering social impact, today announced the launch of a major new wave of its Intelligence for Good ® strategy, with an extensive agenda of initiatives and investments to be implemented on a rolling basis over upcoming quarters targeted at making artificial intelligence (AI) more accessible, powerful and responsible across the social impact sector.

Blackbaud Unveils Expansive Vision to Accelerate AI-Fueled Impact for Purpose-Driven Organizations

Blackbaud (BLKB) reported earnings 30 days ago. What's next for the stock?

Why Is Blackbaud (BLKB) Up 3.4% Since Last Earnings Report?

Blackbaud (BLKB) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Earnings Estimates Rising for Blackbaud (BLKB): Will It Gain?

New content releases and platform improvements help support financial education and social impact initiatives CHARLESTON, S.C. , May 25, 2023 /PRNewswire/ -- Blackbaud  (NASDAQ: BLKB), the leading provider of software for powering social impact, announces that EVERFI from Blackbaud has launched several innovative content programs and platform improvements during the first quarter of 2023.

EVERFI from Blackbaud Rolls Out Impactful Products and Platform Updates

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Blackbaud (BLKB) performance gains from higher transactional revenues and synergies from acquisitions.

Blackbaud (BLKB) Surges 24% YTD: Will the Uptrend Continue?

Blackbaud (BLKB) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).

Blackbaud (BLKB) Upgraded to Strong Buy: Here's Why

Blackbaud, Inc. (BLKB) Hit a 52 Week High, Can the Run Continue?

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