SAP SE (SAP) delivered first-quarter 2024 non-IFRS earnings per share (EPS) of €0.81, which increased 8% year over year.Driven by strength in the cloud business, SAP reported total revenues on a non-IFRS basis of €8.041 billion, which increased 8% year over year (up 9% at constant currency or cc). The company expects Business AI, cross-selling across cloud portfolio and new customers wins, especially in the midmarket, to drive top-line expansion.Following the announcement, shares of SAP are up 3.9% in the p ...

Blackbaud (BLKB) recently improved its flagship fundraising and donor management software, Raiser's Edge NXT, with an array of upgraded functionalities.Blackbaud Raiser's Edge NXT is the nonprofit CRM platform engineered for fundraisers. It facilitates the fundraising process by providing flexible donation forms, multiple payment options and arranging an adequate number of programs targeting prospective donors.The newly enhanced fundraising software encompasses advanced capabilities, some of which were show ...

End-to-End Updates in the Market-Leading Fundraising Software Include New Fundraising AI Tools and a Reimagined User Experience CHARLESTON, S.C., April 18, 2024 /PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the leading provider of software for powering social impact, today announced a major wave of all-new innovation and powerful enhancements coming to its industry-leading fundraising software, Blackbaud Raiser's Edge NXT®. "Fundraisers rely on Raiser's Edge NXT to raise money, save time, and deliver remarkable ...

CHARLESTON, S.C. , April 16, 2024 /PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the leading provider of software for powering social impact, will report its first quarter 2024 financial results on Tuesday, April 30, after the U.S. financial markets close for trading. In conjunction with this announcement, Blackbaud will host a conference call on Wednesday, May 1, at 8:00 a.m. ET to discuss the company's financial results. Event: Blackbaud's First Quarter 2024 Financial Results Conference Call Date: Wedn ...

Blackbaud (BLKB) announced that it received an unsolicited, non-binding proposal from a current stockholder of the company — Clearlake Capital Group, L.P. The offer was made to acquire all the outstanding shares of the company for $80 per share in cash.Clearlake Capital is a private equity firm which had initially invested in Blackbaud in 2020. It now holds an 18.3% ownership position in the business. Last year, Clearlake Capital made an all-cash offer to acquire Blackbaud for $71 per share. However, Blackb ...

CHARLESTON, S.C., April 15, 2024 /PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the leading provider of software for powering social impact, today confirmed that it has received an unsolicited, non-binding proposal from Clearlake Capital Group, L.P., a current stockholder of the Company, to acquire all of the outstanding shares of Blackbaud for $80.00 per share in cash. Consistent with its fiduciary duties and in consultation with its independent financial and legal advisors, the Blackbaud Board of Directors wil ...

Hill Street Studios/DigitalVision via Getty Images As more volatility continues in the markets, I continue to believe that the best way investors can position their portfolios no matter the macro outcome is to lean on under-recognized, contrarian plays. Few tech companies, meanwhile, are as under-the-radar as Blackbaud (NASDAQ:BLKB), a CRM software company that is specifically oriented toward designing revenue management systems for non-profits and educational institutions. Blackbaud is down more than 1 ...

It seems that a onetime company suitor -- and current shareholder -- is contemplating a buyout offer.It seems Blackbaud (BLKB 4.24%) might be in play.A media report stated that the cloud-based software provider might be the target of a renewed buyout effort by a former suitor. On that potentially share-price-lifting news, investors piled into the stock on Thursday to the point where it closed more than 5% higher. That was more than good enough to beat the 0.7% increase of the S&P 500 index on the day.A new ...

New All-Access Pass Will Elevate Event Experience; Early-Bird Pricing Available Until June 13 CHARLESTON, S.C., April 9, 2024 /PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the leading provider of software for powering social impact, has announced that registration for bbcon 2024 is now open with early bird pricing until June 13. This year's conference will take place September 24–26 in Seattle, Washington. "We're excited to take bbcon to Seattle this fall," said Catherine LaCour, chief marketing officer, Blackb ...

Based on Blackbaud's Robust Philanthropic Data Set, the Blackbaud Institute Shares New Insights on Last Year's Giving Trends and What Fundraisers Should Know for 2024CHARLESTON, S.C., April 8, 2024 /PRNewswire/ -- The Blackbaud Institute, a research lab at Blackbaud (NASDAQ: BLKB), the leading provider of software for powering social impact, today released new insights from Blackbaud's unmatched philanthropic dataset in its 2023 Trends in Giving Spotlight. Blackbaud Institute Spotlight on 2023 Trends in ...