Blackbaud (BLKB) Tops Q2 EPS by 2c

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Go back to Blackbaud (BLKB) Tops Q2 EPS by 2c

Blackbaud Announces 2018 Second Quarter Results

July 30, 2018 4:15 PM EDT

Second Quarter Recurring Revenue Grows 16% Representing 90% of Total Revenue; Reaffirms 2018 Full Year Financial Guidance

CHARLESTON, S.C., July 30, 2018 /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, 2018.

"We've continued moving the business toward a subscriptions-based revenue model with our mix of recurring revenue now standing at 90 percent of total, a new all-time high for us," said Mike Gianoni, Blackbaud's president and CEO. "We announced our Cloud... More