Blackbaud, Inc. Reports Earnings Results for the First Quarter Ended March 31, 2024
April 30, 2024 at 04:10 pm EDT
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Blackbaud, Inc. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was USD 271.52 million compared to USD 252.75 million a year ago. Revenue was USD 279.25 million compared to USD 261.75 million a year ago.
Net income was USD 5.25 million compared to net loss of USD 14.7 million a year ago. Basic earnings per share from continuing operations was USD 0.1 compared to basic loss per share from continuing operations of USD 0.28 a year ago. Diluted earnings per share from continuing operations was USD 0.1 compared to diluted loss per share from continuing operations of USD 0.28 a year ago.
Blackbaud, Inc. is a cloud software and services provider. The Company enhances its software with a range of payment processing, analytic and business intelligence services, consulting, training, and professional services, as well as maintenance and technical support. Its specific solutions and services include fundraising and engagement, financial management, grant and award management, education solutions, social responsibility and ESG, payment services, data intelligence, professional and managed services, customer support, and training. Its fundraising and engagement solutions include Blackbaud Raiser's Edge NXT, Blackbaud CRM, Blackbaud eTapestry, Blackbaud Luminate Online, Blackbaud TeamRaiser, JustGiving from Blackbaud, Blackbaud Fundraiser Performance Management, Blackbaud Altru, and Blackbaud Guided Fundraising. Its financial management services include Blackbaud Financial Edge NXT, Blackbaud Tuition Management, and Blackbaud Financial Aid Management.
BLACKBAUD, INC. 
