Blackbaud (BLKB) Tops Q2 EPS by 3c

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Blackbaud, Inc. Announces Second Quarter 2015 Results

July 29, 2015 4:40 PM EDT

CHARLESTON, S.C., July 29, 2015 (GLOBE NEWSWIRE) -- Blackbaud, Inc. (NASDAQ: BLKB), a leading global provider of software and services for the nonprofit, charitable giving and education communities, today announced financial results for its second quarter ended June 30, 2015.

Second Quarter 2015 Highlights

Total revenue growth of 12.1% to $156.3 million Non-GAAP organic revenue growth of 5.6%; 7.2% in constant currency Recurring revenue increased to 75.9% of total revenue Total subscriptions revenue growth of 23.1% to $80.0 million

President and CEO, Mike Gianoni, commented, "We are very pleased with our... More