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Blackbaud's Q1 Earnings Beat Estimates & Rise Y/Y, Revenues Down
BLKBBlackbaud(BLKB) 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 ...