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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Examine Blackbaud's (BLKB) international revenue patterns and their implications on Wall Street's forecasts and the prospective trajectory of the stock.

Why Blackbaud (BLKB) International Revenue Trends Deserve Your Attention

Blackbaud BLKB reported third-quarter 2024 non-GAAP earnings per share (EPS) of 99 cents, which missed the Zacks Consensus Estimate by 5.7%. The bottom line decreased 11.6% year over year.

Blackbaud Q3 Earnings & Revenues Miss Estimates, Stock Tanks

The headline numbers for Blackbaud (BLKB) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Blackbaud (BLKB) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates

Blackbaud, Inc. (NASDAQ:BLKB ) Q3 2024 Earnings Conference Call October 30, 2024 8:00 AM ET Company Participants Mike Gianoni - President, Chief Executive Officer, Vice Chairman of the Board of Directors Tony Boor - Chief Financial Officer, Executive Vice President of Finance, Administration Tom Barth - Head of Investor Relations Conference Call Participants Rob Oliver - Baird Brian Peterson - Raymond James Parker Lane - Stifel Matt VanVliet - BTIG Kirk Materne - Evercore Operator Greetings, and welcome to the Blackbaud Third Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.

Blackbaud, Inc. (BLKB) Q3 2024 Earnings Call Transcript

Blackbaud (BLKB) came out with quarterly earnings of $0.99 per share, missing the Zacks Consensus Estimate of $1.05 per share. This compares to earnings of $1.12 per share a year ago.

Blackbaud (BLKB) Q3 Earnings and Revenues Lag Estimates

At bbcon® 2024, Blackbaud Launched Its Most Aggressive Innovation Plans Yet CHARLESTON, S.C. , Oct. 30, 2024 /PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the leading provider of software for powering social impact, today announced financial results for its third quarter ended September 30, 2024.

Blackbaud Announces 2024 Third Quarter Results

Blackbaud (BLKB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Blackbaud (BLKB) Q3 Earnings Expected to Decline

CHARLESTON, S.C. , Oct. 15, 2024 /PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the leading provider of software for powering social impact, will report its third quarter 2024 financial results on Wednesday, October 30, before the U.S. financial markets open for trading.

Blackbaud Announces Date of Third Quarter 2024 Financial Results

From exciting product announcements to moving mainstage messages and insightful breakout sessions, attendees are energized and equipped with knowledge to take back to their teams CHARLESTON, S.C. , Sept. 27, 2024 /PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the leading provider of software for powering social impact, gathered thousands of social impact professionals this week in person and virtually for bbcon 2024, its annual technology conference that took place in Seattle, Washington.

Blackbaud's bbcon 2024 Brings Thousands of Social Impact Professionals Together for Innovation, Inspiration, Learning and Celebration

Product Updates Build Connection Between Solutions and Teams While Delivering Contextual Intelligence—All to Help Social Impact Organizations Raise More, Save More and Work Smarter CHARLESTON, S.C. , Sept. 24, 2024 /PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the leading provider of software for powering social impact, today kicked off its annual technology conference, bbcon, announcing a wide range of innovation shaping the future of social impact technology.

Blackbaud Showcases the Future of AI-Powered Fundraising and Financial Management for Social Impact Organizations at bbcon 2024

BLKB launches modern donation forms for CRM and Altru users, aiding social impact organizations to enhance donor engagement and drive fundraising efforts.

Blackbaud Unveils Donation Forms for CRM and Altru: Stock to Gain?

"First Impressions: Spontaneous Giving Insights" Reveals the Secrets to Securing and Retaining Spontaneous Givers, Particularly Younger Donors and Donors of Color CHARLESTON, S.C. , Sept. 19, 2024 /PRNewswire/ -- The Blackbaud Institute, the sector research lab at Blackbaud (NASDAQ: BLKB), the leading provider of software for powering social impact, today released a new report First Impressions: Spontaneous Giving Insights.

Special Report Uncovers New Trends in Spontaneous Giving

Blackbaud, Inc. BLKB recently collaborated with its long-standing partner Microsoft to incorporate Microsoft AI and analytics into software, designed for the distinct operational needs of social impact organizations, eliminating the necessity for expensive customizations. The new product innovations will provide more value to nonprofits and education markets by helping them create a bigger impact, gain better insights and work more efficiently.

Blackbaud & Microsoft Team Up on Product Innovations for Nonprofits

Blackbaud CRM and Altru Customers Can Now Leverage Donation Forms that Natively Integrate with Blackbaud's Payment Processor and CRM Solutions to Give a Completely Connected Experience CHARLESTON, S.C. , Sept. 18, 2024 /PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the leading provider of software for powering social impact, today announced the general availability of Blackbaud Donation Forms for U.S. Blackbaud CRM™ and Blackbaud Altru® customers, including both Optimized Donation Forms and Standard Donation Forms.

Blackbaud Releases New Donation Forms for Blackbaud CRM™ and Blackbaud Altru® to Help Social Impact Organizations Raise More

Microsoft

Upcoming Product Innovations Will Enable Nonprofits to Leverage Innovative Blackbaud and Microsoft Technology to Achieve Greater Impact, Gain In-Depth Insights and Increase Efficiency CHARLESTON, S.C. and REDMOND, Wash.

Blackbaud and Microsoft's Tech for Social Impact Team Collaborating to Bring Sophisticated Cloud Technology, AI and Analytics to Nonprofits

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

Blackbaud (BLKB) Up 3.2% Since Last Earnings Report: Can It Continue?

The Global P2P Fundraising Market Size was Valued at USD 97.4 Million in 2023 and the Worldwide P2P Fundraising Market Size is Expected to Reach USD 310 Million by 2033, according to a research report published by Spherical Insights & Consulting. Companies covered: DonorPerfect Fundraising Software, eTapestry, Classy, Aplos, DonorStudio, Qgiv, Salsa CRM, Kindful, EveryAction, NeonCRM, MemberClicks, CrowdRise, Charity proud, and Others The Global P2P Fundraising Market Size was Valued at USD 97.4 Million in 2023 and the Worldwide P2P Fundraising Market Size is Expected to Reach USD 310 Million by 2033, according to a research report published by Spherical Insights & Consulting. Companies covered: DonorPerfect Fundraising Software, eTapestry, Classy, Aplos, DonorStudio, Qgiv, Salsa CRM, Kindful, EveryAction, NeonCRM, MemberClicks, CrowdRise, Charity proud, and Others

Global P2P Fundraising Market Size To Worth USD 310 Million By 2033 l CAGR Of 12.27%

DALLAS--(BUSINESS WIRE)--American National Bank of Texas (ANBTX) recently announced the results from its “Keys To Your Future” program, an innovative, scalable and measurable financial education and career readiness course for North Texas middle and high school students, for the 2023-24 academic year. This marks the first full year of the program since its launch as part of the bank's three-year partnership with EVERFI® from Blackbaud®, a leader in K-12 financial education. The course prepares.

American National Bank of Texas Announces Results From Financial Education Program With EVERFI from Blackbaud

Highlights include updated financial education courses, a new health and wellness course, and new platform features for educators CHARLESTON, S.C. , Aug. 7, 2024 /PRNewswire/ -- EVERFI® from Blackbaud®, the leader in powering social impact through education, is releasing new and updated K-12 digital resources to its learning platform, just in time for the new school year.

EVERFI from Blackbaud Announces New and Updated Digital Resources and Product Features for K-12 Schools for the New School Year

Although the revenue and EPS for Blackbaud (BLKB) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Blackbaud (BLKB) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

Blackbaud's (BLKB) Q2 performance gains from strong growth in recurring revenues. The company also reiterates revenue guidance for the full year.

Blackbaud (BLKB) Q2 Earnings Beat Estimates, Revenues Up Y/Y

Blackbaud, Inc. (NASDAQ:BLKB ) Q2 2024 Results Conference Call July 31, 2024 8:00 AM ET Company Participants Tom Barth - Head of Investor Relations Mike Gianoni - Chief Executive Officer Tony Boor - Executive Vice President and Chief Financial Officer Conference Call Participants Brian Peterson - Raymond James Rob Oliver - Baird Matt VanVliet - BTIG Parker Lane - Stifel Kirk Materne - Evercore ISI Operator Good day, and welcome to the Blackbaud Inc. Second Quarter 2024 Earnings Conference Call. Today's conference is being recorded.

Blackbaud, Inc. (BLKB) Q2 2024 Earnings Call Transcript

Blackbaud (BLKB) came out with quarterly earnings of $1.08 per share, beating the Zacks Consensus Estimate of $1.04 per share. This compares to earnings of $0.98 per share a year ago.

Blackbaud (BLKB) Q2 Earnings Beat Estimates

Revenue Growth More than Doubles Year over Year with Significantly Improved Profitability; Blackbaud Board of Directors Approve Expanded $800 Million Stock Repurchase Authorization CHARLESTON, S.C. , July 30, 2024  /PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the leading provider of software for powering social impact, today announced financial results for its second quarter ended June 30, 2024.

Blackbaud Announces 2024 Second Quarter Results

New Enhancements Further Strengthen Performance, Scalability, Stability, and Reporting Power for Blackbaud Impact Edge Customers CHARLESTON, S.C. , July 29, 2024 /PRNewswire/ -- Blackbaud (NASDAQ: BLKB), one of the leading providers of software for powering social impact, today announced the integration of multiple Microsoft products – including Microsoft Azure OpenAI Service and Microsoft Power BI – into Blackbaud Impact Edge™, the company's new data and storytelling solution that's currently under development.

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