Blackbaud: Q3 Earnings Snapshot
By AP News
Published - Oct 30, 2024, 07:15 AM ET
Last Updated - Dec 16, 2024, 05:51 PM EST
CHARLESTON, S.C. (AP) — CHARLESTON, S.C. (AP) — Blackbaud Inc. (BLKB) on Wednesday reported third-quarter profit of $20.5 million.
The Charleston, South Carolina-based company said it had net income of 40 cents per share. Earnings, adjusted for one-time gains and costs, were 99 cents per share.
The software and services provider in the nonprofit sector posted revenue of $286.7 million in the period, missing Street forecasts. Three analysts surveyed by Zacks expected $293.8 million.
Blackbaud expects full-year earnings in the range of $3.98 to $4.16 per share, with revenue in the range of $1.15 billion to $1.16 billion.
