Blackbaud (BLKB) Misses Q3 EPS by 2c

Blackbaud (NASDAQ: BLKB) reported Q3 EPS of $0.38, $0.02 worse than the analyst estimate of $0.40. Revenue for the quarter came in at $158.8 million versus the consensus estimate of $163.21 million.

Blackbaud sees FY2015 EPS of $1.48-$1.52, versus the consensus of $1.53. Blackbaud sees FY2015 revenue of $645-653 million, versus the consensus of $644.9 million.

President and CEO, Mike Gianoni, commented, “We continue to make solid progress as a company and are pleased with our revenue and profitability results for the quarter and year to date. We have just completed our annual user conference with record attendance from the philanthropic community. Our leading solutions, our transition to the cloud and our strategy of open and integrated products are resonating with the market.”

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

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