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

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Blackbaud Announces 2016 First Quarter Results

April 27, 2016 4:10 PM EDT

CHARLESTON, S.C., April 27, 2016 (GLOBE NEWSWIRE) -- Blackbaud, Inc. (the "Company") (NASDAQ: BLKB), the leading provider of software and services for the global philanthropic community, today announced financial results for its first quarter ended March 31, 2016.

"The philanthropic market remains very strong and the success we're seeing across the portfolio positions us well for future growth, said Mike Gianoni, Blackbaud's president and CEO. "The market is excited about our next generation solutions and we're just beginning to tap the extraordinary opportunity in the cloud with Blackbaud SKYTM."

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