Blackbaud (BLKB) Misses Q3 EPS by 2c

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Go back to Blackbaud (BLKB) Misses Q3 EPS by 2c

Blackbaud, Inc. Announces Third Quarter 2015 Results

October 28, 2015 4:16 PM EDT

CHARLESTON, S.C., Oct. 28, 2015 (GLOBE NEWSWIRE) -- Blackbaud, Inc. (NASDAQ: BLKB), the leading provider of software and services for the worldwide philanthropic community, today announced financial results for its third quarter ended September 30, 2015.

Third Quarter 2015 Highlights

Total revenue growth of 9.8% to $158.8 millionNon-GAAP organic revenue growth of 3.5%; 5.5% in constant currencyRecurring revenue represented 75.0% of total revenueTotal subscriptions revenue growth of 20.7% to $80.9 millionNon-GAAP income from operations increased 12.5% to $30.6 millionCash flow from operations of $37.7 million... More