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Blackbaud Q3 Earnings & Revenues Miss Estimates, Stock Tanks
ZACKS· 2024-10-31 14:15
Blackbaud (BLKB) reported third-quarter 2024 non-GAAP earnings per share (EPS) of 99 cents, which missed the Zacks Consensus Estimate by 5.7%. The bottom line decreased 11.6% year over year.Stay up-to-date with all quarterly releases: See Zacks Earnings CalendarTotal revenues jumped 3.3% year over year to $286.7 million. Revenues missed the Zacks Consensus Estimate by 2.4%.Total recurring revenues (contributed 98% to total revenues) in the reported quarter amounted to $280 million, up 4.1% year over year. T ...
Blackbaud (BLKB) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
ZACKS· 2024-10-31 03:31
For the quarter ended September 2024, Blackbaud (BLKB) reported revenue of $286.73 million, up 3.3% over the same period last year. EPS came in at $0.99, compared to $1.12 in the year-ago quarter. The reported revenue represents a surprise of -2.41% over the Zacks Consensus Estimate of $293.81 million. With the consensus EPS estimate being $1.05, the EPS surprise was -5.71%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine ...
Blackbaud(BLKB) - 2024 Q3 - Quarterly Report
2024-10-30 20:24
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to . Commission file number: 000-50600 Blackbaud, Inc. (Exact name of registrant as specified in its charter) Delaware 11-2617163 (State or other jurisdiction of inc ...
Blackbaud(BLKB) - 2024 Q3 - Earnings Call Transcript
2024-10-30 14:14
Blackbaud, Inc. (NASDAQ:BLKB) Q3 2024 Earnings Conference Call October 30, 2024 8:00 AM ET Company Participants Mike Gianoni - President, Chief Executive Officer, Vice Chairman of the Board of Directors Tony Boor - Chief Financial Officer, Executive Vice President of Finance, Administration Tom Barth - Head of Investor Relations Conference Call Participants Rob Oliver - Baird Brian Peterson - Raymond James Parker Lane - Stifel Matt VanVliet - BTIG Kirk Materne - Evercore Operator Greetings, and welcome to t ...
Blackbaud (BLKB) Q3 Earnings and Revenues Lag Estimates
ZACKS· 2024-10-30 13:16
Blackbaud (BLKB) came out with quarterly earnings of $0.99 per share, missing the Zacks Consensus Estimate of $1.05 per share. This compares to earnings of $1.12 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of -5.71%. A quarter ago, it was expected that this software and services provider in the nonprofit sector would post earnings of $1.04 per share when it actually produced earnings of $1.08, delivering a surprise of 3.85%. ...
Blackbaud(BLKB) - 2024 Q3 - Earnings Call Presentation
2024-10-30 12:11
| --- | --- | --- | --- | |-------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | Forward-looking Statements 2 This presentation contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements in this presentation consist of, among other things, statements regarding future operating results, all of which are based on current expectations, estimates ...
Blackbaud(BLKB) - 2024 Q3 - Quarterly Results
2024-10-30 11:11
Exhibit 99.1 PRESS RELEASE Blackbaud Announces 2024 Third Quarter Results At bbcon® 2024, Blackbaud Launched Its Most Aggressive Innovation Plans Yet Charleston, S.C. (October 30, 2024) — Blackbaud (NASDAQ: BLKB), the leading provider of software for powering social impact, today announced financial results for its third quarter ended September 30, 2024. "Blackbaud is a clear market leader with a path to penetrate even further into a rich market opportunity while empowering our existing customers through co ...
Blackbaud Announces 2024 Third Quarter Results
Prnewswire· 2024-10-30 11:00
At bbcon® 2024, Blackbaud Launched Its Most Aggressive Innovation Plans Yet CHARLESTON, S.C., Oct. 30, 2024 /PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the leading provider of software for powering social impact, today announced financial results for its third quarter ended September 30, 2024. "Blackbaud is a clear market leader with a path to penetrate even further into a rich market opportunity while empowering our existing customers through continued innovation. In September at our annual tech conference, ...
Earnings Preview: Blackbaud (BLKB) Q3 Earnings Expected to Decline
ZACKS· 2024-10-23 15:07
The market expects Blackbaud (BLKB) to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended September 2024. This widely-known consensus outlook is important in assessing the company's earnings picture, but a powerful factor that might influence its near-term stock price is how the actual results compare to these estimates.The stock might move higher if these key numbers top expectations in the upcoming earnings report, which is expected to be released ...
Blackbaud Announces Date of Third Quarter 2024 Financial Results
Prnewswire· 2024-10-15 20:10
CHARLESTON, S.C., Oct. 15, 2024 /PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the leading provider of software for powering social impact, will report its third quarter 2024 financial results on Wednesday, October 30, before the U.S. financial markets open for trading. In conjunction with this announcement, Blackbaud will host a conference call at 8:00 a.m. ET to discuss the company's financial results. Event: Blackbaud's Third Quarter 2024 Financial Results Conference Call Date: Wednesday, October 30 Time: 8:0 ...