Blackbaud (BLKB) Reports In-Line Q1 EPS, Maintains Outlook

Blackbaud (NASDAQ: BLKB) reported Q1 EPS of $0.42, in-line with the analyst estimate of $0.42. Revenue for the quarter came in at $169.3 million versus the consensus estimate of $171.69 million.

Financial Outlook

No change from the full year financial guidance issued February 2016.

• Non-GAAP revenue of $725.0 million to $740.0 million
• Non-GAAP income from operations of $141.0 million to $147.0 million
• Non-GAAP operating margin of 19.4% to 19.9%
• Non-GAAP diluted earnings per share of $1.90 to $1.98
• Cash flow from operations of $145.0 million to $155.0 million

For earnings history and earnings-related data on Blackbaud (BLKB) click here.

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