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Blackbaud: Running Out Of Steam And Can't Afford Its Buybacks
Seeking Alpha· 2025-05-02 10:14
As we move through the Q1 earnings season against a tough macroeconomic backdrop, investors should continue to exercise very disciplined single-stock selection. A number of struggling companies will find this environment even more difficult to navigate, andWith combined experience of covering technology companies on Wall Street and working in Silicon Valley, and serving as an outside adviser to several seed-round startups, Gary Alexander has exposure to many of the themes shaping the industry today. He has ...
Blackbaud's Q1 Earnings Beat Estimates & Rise Y/Y, Revenues Down
ZACKS· 2025-05-01 22:46
Blackbaud, Inc. (BLKB) reported first-quarter 2025 non-GAAP earnings per share (EPS) of 96 cents, which surpassed the Zacks Consensus Estimate by 6.7%. The bottom line increased 3.2% year over year.Total revenues decreased 3.1% year over year to $270.7 million. This was due to the divestiture of EVERFI. The top line surpassed the Zacks Consensus Estimate by 0.9%.Blackbaud’s strong first-quarter results reflect solid execution of strategic goals, with organic revenue growth, improved profitability and stock ...
Blackbaud(BLKB) - 2025 Q1 - Quarterly Report
2025-05-01 04:28
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission file number: 000-50600 Blackbaud, Inc. (Exact name of registrant as specified in its charter) Delaware 11-2617163 (State or other jurisdiction of incorpo ...
Blackbaud Promotes Chad Anderson to Chief Financial Officer
Prnewswire· 2025-05-01 04:10
Former CFO Tony Boor to Take on New Role as Executive Vice President of Corporate Development and StrategyCHARLESTON, S.C., April 30, 2025 /PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the leading provider of software for powering social impact, today announced the promotion of Chad Anderson to executive vice president and chief financial officer (CFO). Anderson will oversee the company's financial reporting and controls, and investor relations. Tony Boor, who has successfully served as Blackbaud's CFO for 14 y ...
Blackbaud (BLKB) Q1 Earnings and Revenues Beat Estimates
ZACKS· 2025-04-30 21:15
Blackbaud (BLKB) came out with quarterly earnings of $0.96 per share, beating the Zacks Consensus Estimate of $0.90 per share. This compares to earnings of $0.93 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 6.67%. A quarter ago, it was expected that this software and services provider in the nonprofit sector would post earnings of $1.08 per share when it actually produced earnings of $1.08, delivering no surprise.Over the l ...
Blackbaud(BLKB) - 2025 Q1 - Earnings Call Transcript
2025-04-30 20:00
Blackbaud (BLKB) Q1 2025 Earnings Call April 30, 2025 08:00 AM ET Speaker0 Greetings, and welcome to the Blackbaud's First Quarter twenty twenty five Earnings Conference Call. At this time, all participants are in a listen only mode. A brief question and answer session will follow the formal presentation. As a reminder, this conference is being recorded. It is now my pleasure to introduce your host, Tom Bart, Head of Investor Relations. Thank you, sir. You may begin. Speaker1 Good morning, everyone. Thank y ...
Blackbaud(BLKB) - 2025 Q1 - Earnings Call Transcript
2025-04-30 20:00
Blackbaud (BLKB) Q1 2025 Earnings Call April 30, 2025 08:00 AM ET Company Participants Tom Barth - Head of Investor RealtionsMike Gianoni - President, CEO & Vice Chairman of the Board of DirectorsAnthony Boor - EVP of Finance & Administration and CFOChad Anderson - CAOBrian Peterson - Managing DirectorMatthew Kikkert - Equity Research AssociateKoji Ikeda - Director - Enterprise Software Equity ResearchKirk Materne - Senior Managing Director - Equity Research Conference Call Participants Rob Oliver - Senior ...
Blackbaud(BLKB) - 2025 Q1 - Quarterly Results
2025-04-30 19:22
Exhibit 99.1 PRESS RELEASE Blackbaud Announces 2025 First Quarter Results Company Reiterates FY 2025 Financial Guidance Charleston, S.C. (April 30, 2025) — Blackbaud (NASDAQ: BLKB), the leading provider of software for powering social impact, today announced financial results for its first quarter ended March 31, 2025. "Our strong first quarter results are a testament to our continued execution against our strategic initiatives to drive long- term profitable growth," said Mike Gianoni, president, CEO and vi ...
Blackbaud(BLKB) - 2025 Q1 - Earnings Call Presentation
2025-04-30 19:13
Blackbaud Investor Presentation Ticker: BLKB April 30, 2025 Forward-looking Statements This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements in this presentation consist of, among other things, statements regarding future operating results, all of which are based on current expectations, estimates, and forecasts, and the beliefs and assum ...
Blackbaud Helps K-12 Independent Schools Extend Their Software to Meet Specific Needs with Partner Solutions
Prnewswire· 2025-04-29 21:30
K-12 Independent Schools Have Power of Choice with Blackbaud's Flexible and Open EcosystemCHARLESTON, S.C., April 29, 2025 /PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the leading provider of software for powering social impact, today shared how its flexible partner ecosystem is enabling K-12 independent schools to transform their technology stack and create best-in-class experiences for teachers, students, families and alumni.With SKY API®, Blackbaud makes it easy for K-12 schools to customize their software ...