Blackbaud (BLKB) Misses Q1 EPS by 1c; Reaffirms

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Go back to Blackbaud (BLKB) Misses Q1 EPS by 1c; Reaffirms

Blackbaud Announces 2017 First Quarter Results

May 1, 2017 4:10 PM EDT

CHARLESTON, S.C., May 1, 2017 /PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the world's leading cloud software company powering social good, today announced financial results for its first quarter ended March 31, 2017.

"The market remains strong, the pace of innovation we're delivering is unmatched in our industry and we're seeing very positive traction with our next generation cloud solutions, which are powering impressive results for our customers," said Mike Gianoni, Blackbaud's president and CEO. "Solid growth in subscriptions revenue continues to fuel recurring revenue growth, adding stability and predictability to our already strong business. Our... More