Recognition validates FutureSmart program has a positive impact on student financial capability CHARLESTON, S.C. and SPRINGFIELD, Mass., March 5, 2024 /PRNewswire/ -- The MassMutual Foundation and EVERFI® from Blackbaud®, the leader in powering social impact through education, have announced that their FutureSmart financial education program for middle school students has been certified as meeting the evidence-based standards set forth in the Every Student Succeeds Act (ESSA), aligning with Level III certif ...

Initiates $200 Million Accelerated Share Repurchase Plan CHARLESTON, S.C., March 4, 2024 /PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the leading provider of software for powering social impact, today announced that it intends to repurchase 7% to 10% of the Company's common stock through the end of 2024. The repurchases will be made through a combination of accelerated share repurchase plans, block trades, and open market purchases as part of the Company's previously announced $500 million share repurchase aut ...

Crisis Text Line Provides Mental Health Support to Those in Emotional Distress CHARLESTON, S.C., Feb. 28, 2024 /PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the leading provider of software for powering social impact, today announced that its 2024 annual major gift will support Crisis Text Line, a nonprofit organization that provides free, 24/7, confidential text-based mental health support. Currently, Crisis Text Line serves anyone in the United States (including Puerto Rico) in both English and Spanish, and ...

CHARLESTON, S.C., Feb. 27, 2024 /PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the leading provider of software for powering social impact, announced that Blackbaud Raiser's Edge NXT® and Blackbaud Financial Edge NXT® have each won a 2024 Most Loved Award from TrustRadius, a site that helps technology buyers make informed decisions by providing verified reviews and ratings. TrustRadius uses an advanced award-selection process and data-driven formulas to measure customer satisfaction and affection for various ven ...

For the quarter ended December 2023, Blackbaud (BLKB) reported revenue of $295.01 million, up 7.4% over the same period last year. EPS came in at $1.14, compared to $0.68 in the year-ago quarter.The reported revenue represents a surprise of -1.03% over the Zacks Consensus Estimate of $298.09 million. With the consensus EPS estimate being $1.04, the EPS surprise was +9.62%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street e ...

The Annual Technology Conference Will Take Place Sept. 24-26 in Seattle CHARLESTON, S.C., Feb. 21, 2024 /PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the leading provider of software for powering social impact, is now accepting speaker proposals for bbcon 2024, happening Sept. 24-26 in Seattle, Washington. Speakers can submit proposals until March 15 to be considered. bbcon is the tech conference that fuels impact—bringing together the Blackbaud community to share, learn, inspire and innovate. The conference wi ...

Blackbaud Award Management™ is a comprehensive, integrated scholarship management platform for higher education and K-12 institutions and foundations, allowing students to apply for all awards using one intuitive and streamlined application process and eliminating many time-consuming administrative tasks. This leads to improved awarding, reporting, compliance, communication and stewardship. Education Solutions Blackbaud Student Information System™ makes it easy for schools to manage schedules, transcripts a ...

Blackbaud's Optimized Donation Forms help social impact organizations raise more, streamline the donor experience, simplify administrative tasks and reduce processing costs CHARLESTON, S.C., Feb. 14, 2024 /PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the leading provider of software for powering social impact, today announced the general availability of its new Optimized Donation Forms for U.S. Blackbaud Raiser's Edge NXT® customers. The Optimized Donation Forms empower social impact organizations to raise more ...

Blackbaud (BLKB -15.16%) stock is sinking Tuesday. The software specialist's share price was down 12.6% as of 3 p.m. ET, according to data from S&P Global Market Intelligence.Blackbaud published its fourth-quarter results after the market closed yesterday. While the company's non-GAAP (adjusted) earnings per share of $1.14 beat the average analyst estimate's call for per-share earnings of $1.05, revenue for the period missed Wall Street's target. The company posted sales of roughly $295 million, while the a ...

Blackbaud (BLKB) reported fourth-quarter 2023 non-GAAP earnings per share (EPS) of $1.14, which surpassed the Zacks Consensus Estimate by 9.62%. The bottom line increased 67.7% year over year.Total revenues jumped 7.4% year over year to $295 million, driven by strength in recurring revenues. Revenues missed the Zacks Consensus Estimate by 1%.Total recurring revenues (contributed 97.4% to the top line) in the reported quarter amounted to $287.3 million, up 8.4% year over year. One-time services and other rev ...