Blackbaud (BLKB) Tops Q4 EPS by 1c, Offers Guidance

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Blackbaud Announces 2017 Fourth Quarter and Full Year Results

February 6, 2018 4:15 PM EST

Fourth Quarter Recurring Revenue Grows 15% representing 84% of total revenue; Achieves 2017 Financial Guidance Topping Free Cash Flow Estimate; Announces 2018 Financial Guidance

CHARLESTON, S.C., Feb. 6, 2018 /PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the world's leading cloud software company powering social good, today announced financial results for its fourth quarter and fiscal year ended December 31, 2017.

"This was a big year for Blackbaud; we furthered our strategic growth objectives, were named to Fortune's 56 'Companies Changing the World' list, climbed IDC's ranking to the world's 24th largest cloud software vendor, and most... More