Blackbaud (BLKB) Tops Q1 EPS by 6c; Reaffirms Outlook

Blackbaud (NASDAQ: BLKB) reported Q1 EPS of $0.66, $0.06 better than the analyst estimate of $0.60. Revenue for the quarter came in at $204.5 million versus the consensus estimate of $204.36 million.

Blackbaud today reaffirmed its 2018 full year financial guidance:

• Non-GAAP revenue of $870 million to $890 million
• Non-GAAP operating margin of 20.6% to 21.0%
• Non-GAAP diluted earnings per share of $2.75 to $2.88
• Non-GAAP free cash flow of $165 million to $175 million

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

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