Core Message - Blackbaud Inc (BLKB) has launched Optimized Donation Forms for Raiser's Edge NXT users in Australia and New Zealand, extending its donation solutions to a wider global audience [1][3] - The company aims to support nonprofits in increasing donations, enhancing donor experiences, and streamlining administrative processes through its donation forms [2][3] - Blackbaud's new donation forms have already shown impressive results for US customers, with a 10% growth in conversion rates and a 61% rise in average donation amounts [6] Product Features - Blackbaud Optimized Donation Forms minimize decision-making, improve donor experience, and boost click-to-donation-conversion rates [4] - These mobile-first forms integrate seamlessly into websites, allowing direct payments without additional web pages, and can be customized with images and mission statements [4] - Standard Donation Forms are ideal for targeted campaigns requiring additional data collection, offering full customization and a Recurring Gift Upsell feature to retain donors [5] Strategic Partnerships and Growth - Blackbaud has expanded its partnership with Microsoft to incorporate Microsoft AI and analytics into its software, eliminating the need for expensive customizations [9] - The company partnered with Flywire Corporation to improve the payment experience for international students paying tuition fees at US K-12 private and independent schools [8] - The social sector contributed 89% to the company's third-quarter revenues, marking a 6.6% year-over-year rise, with contractual recurring revenues growing 6.8% and transactional recurring revenues rising 6.6% [9] Challenges and Divestitures - Blackbaud has faced slow growth due to challenges in its EVERFI business and weak performance in the corporate sector [10] - The company officially announced the sale of its EVERFI business to an independent private investment firm, finalizing the transaction on Dec 31, 2024, for a nominal amount [10] Stock Performance and Industry Comparison - Blackbaud currently carries a Zacks Rank 3 (Hold), with its shares declining 9.4% over the past year against the industry's growth of 11.1% [11] - Better-ranked stocks in the broader technology space include Ubiquiti Inc (UI), InterDigital Inc (IDCC), and RADCOM Ltd (RDCM), with UI and IDCC sporting a Zacks Rank 1 (Strong Buy) and RDCM carrying a Zacks Rank 2 (Buy) [12][13][14][15]

Blackbaud, Inc. (BLKB) has officially announced the sale of its EVERFI Inc. business to an independent private investment firm. The transaction, finalized on Dec. 31, 2024, followed a thorough strategic review process and was closed for a nominal amount.The company is collaborating closely with the buyer and EVERFI leadership to ensure a seamless handover. Management highlighted that EVERFI remains committed to supporting its customers with educational programs covering essential topics, such as financial l ...

The Company Outlines Its Impact on Global Communities This YearCHARLESTON, S.C., Dec. 18, 2024 /PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the leading provider of software for powering social impact, today shared ways it has supported philanthropy through its global corporate social responsibility (CSR) program this year. Blackbaud creates essential software to help its social impact customers fuel their missions, while giving back to global communities through its own philanthropy."At Blackbaud, we don't jus ...

This Award Acknowledges Exemplary Work Being Done to Create More Inclusive Workspaces CHARLESTON, S.C., Dec. 17, 2024 /PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the leading provider of software for powering social impact, has been named a winner in the 2024 HRO Today Association Awards in the Diversity, Equity and Inclusion (DEI) Excellence category (Large Market). The HRO Today Association Awards is an annual recognition program that exemplifies the essential work that HR professionals do every day and prov ...

CHARLESTON, S.C., Dec. 12, 2024 /PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the leading provider of software for powering social impact, today filed a Form 8-K with the United States Securities and Exchange Commission (SEC) stating that the Company concluded a material pre-tax noncash impairment charge, which may be up to approximately $415 million, is required for its EVERFI asset group and will be recorded during the fourth quarter of 2024.As previously disclosed, due to EVERFI performing below expectations ...

This Recognition Highlights Blackbaud's Commitment to Social Responsibility for the Fourth Consecutive YearCHARLESTON, S.C., Dec. 5, 2024 /PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the leading provider of software for powering social impact, has been named to Newsweek's list of America's Most Responsible Companies for the fourth consecutive year. Blackbaud is one of 600 companies on the list, which recognizes U.S.-based companies for their commitment to making a positive global impact."We're honored to be na ...

Blackbaud to Ring the Nasdaq Closing Bell and Highlight How Nonprofits, Education Institutions, and Corporations are Making an Impact on this Giving Holiday and Year-RoundCHARLESTON, S.C., Dec. 2, 2024 /PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the leading provider of software for powering social impact, today will ring the closing bell at the Nasdaq stock exchange to kick off GivingTuesday, the global movement focused on spreading generosity on the Tuesday following Black Friday and Cyber Monday."GivingTues ...

A month has gone by since the last earnings report for Blackbaud (BLKB) . Shares have added about 11.6% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Blackbaud due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Blackbaud Q3 Earnings Miss EstimatesBlackbaud reported t ...

Blackbaud (BLKB) recently partnered with Flywire Corporation (FLYW) , a global payments enablement and software organization, to improve the payment experience for international students paying tuition fees at K-12 private and independent schools in the United States. By integrating Flywire’s global payment platform into Blackbaud’s Tuition Management system, schools and families can benefit from a unified and streamlined payment experience, providing real-time, secure and user-friendly payment processing f ...

Interactive, mobile-first financial education tool enables financial institutions to deliver critical education to adults in their communities CHARLESTON, S.C., Nov. 12, 2024 /PRNewswire/ -- EVERFI® from Blackbaud®, the leader in powering social impact through education, today announced a major evolution of its EVERFI Achieve™ product, a powerful tool designed to provide just-in-time financial education and elevate financial institutions' relationships with their customers. With a fresh new look, an intuiti ...