Blackbaud (BLKB) Tops Q4 EPS by 10c, FY EPS Guidance Misses

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Go back to Blackbaud (BLKB) Tops Q4 EPS by 10c, FY EPS Guidance Misses

Blackbaud Announces 2018 Fourth Quarter and Full Year Results

February 6, 2019 4:10 PM EST

CHARLESTON, S.C., Feb. 6, 2019 /PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the world's leading cloud software company powering social good, today announced financial results for its fourth quarter and full year ended December 31, 2018.

"We had a solid finish to 2018 and we furthered our strategic initiatives to position the company for long-term success," said Mike Gianoni, Blackbaud's president and CEO. "We continued shifting the business towards a recurring revenue model, with our recurring revenue mix comprising 90% of total revenue in 2018. This was a banner year for Blackbaud innovation to... More