Blackbaud (BLKB) Tops Q2 EPS by 3c

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Blackbaud Announces 2017 Second Quarter Results

July 31, 2017 4:15 PM EDT

Recurring Revenue Represents Over 80% of Total; Subscriptions Revenue Tops 65%; Management Reaffirms 2017 Full-Year Financial Guidance

CHARLESTON, S.C., July 31, 2017 /PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the world's leading cloud software company powering social good, today announced financial results for its second quarter ended June 30, 2017.

"We're delivering powerful, integrated solutions in the cloud that provide our customers with a modern and truly unified experience," said Mike Gianoni, Blackbaud's president and CEO. "This is quite unique in our industry. Blackbaud is an end-to-end partner that builds, integrates, implements and... More