Blackbaud (BLKB) Tops Q1 EPS by 3c

April 30, 2009 4:22 PM EDT

Blackbaud, Inc. (Nasdaq: BLKB) reports Q1 EPS of $0.19, 3 cents better than the analyst estimate of $0.16. Revenue for the quarter was $74.7 million, versus the consensus of $75.70 million.

Blackbaud announced today that its Board of Directors has declared a second quarter dividend of $0.10 per share payable on June 15, 2009 to stockholders of record on May 28, 2009. Additionally, as of March 31, the Company had approximately $30 million remaining under its common stock share repurchase program that was authorized approximately a year ago.


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