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 June 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 incorpor ...

Blackbaud, Inc. (NASDAQ:BLKB) Q2 2024 Results Conference Call July 31, 2024 8:00 AM ET Company Participants Tom Barth - Head of Investor Relations Mike Gianoni - Chief Executive Officer Tony Boor - Executive Vice President and Chief Financial Officer Conference Call Participants Brian Peterson - Raymond James Rob Oliver - Baird Matt VanVliet - BTIG Parker Lane - Stifel Kirk Materne - Evercore ISI Operator Good day, and welcome to the Blackbaud Inc. Second Quarter 2024 Earnings Conference Call. Today's confe ...

This quarterly report represents an earnings surprise of 3.85%. A quarter ago, it was expected that this software and services provider in the nonprofit sector would post earnings of $0.85 per share when it actually produced earnings of $0.93, delivering a surprise of 9.41%. Blackbaud, which belongs to the Zacks Computer - Software industry, posted revenues of $287.29 million for the quarter ended June 2024, missing the Zacks Consensus Estimate by 0.51%. This compares to year-ago revenues of $271.04 million ...

PRESS RELEASE Charleston, S.C. (July 30, 2024) — Blackbaud (NASDAQ: BLKB), the leading provider of software for powering social impact, today announced financial results for its second quarter ended June 30, 2024. Second Quarter 2024 Results Compared to Second Quarter 2023 Results: • GAAP recurring revenue was $281.4 million, up 7.2% and represented 98% of total revenue. Non-GAAP organic recurring revenue increased 7.2%. • GAAP income from operations was $42.1 million, with GAAP operating margin of 14.7%, a ...

Revenue Growth More than Doubles Year over Year with Significantly Improved Profitability; Blackbaud Board of Directors Approve Expanded $800 Million Stock Repurchase Authorization "We continue to execute on our strategic initiatives, and I am optimistic about the opportunities ahead in the near, mid and long-term," said Mike Gianoni, president, CEO and vice chairman of the board of directors, Blackbaud. "Blackbaud is a clear market leader with a path to penetrate even further into a rich market opportunity ...

Blackbaud Forward-Looking Statements Except for historical information, all of the statements, expectations, and assumptions contained in this news release are forward-looking statements that involve a number of risks and uncertainties, including statements regarding expected benefits of products and product features. Although Blackbaud attempts to be accurate in making these forward-looking statements, it is possible that future circumstances might differ from the assumptions on which such statements are b ...

The Past Year Saw a Significant Increase in In-Person Volunteering, Upward Trend in Giving to International Organizations CHARLESTON, S.C., July 24, 2024 /PRNewswire/ -- The Blackbaud Institute, a research lab at Blackbaud (NASDAQ: BLKB), the leading provider of software for powering social impact, today released a new spotlight brief sharing insights from the company's annual Corporate Social Responsibility (CSR) Industry Review, which analyzes CSR program data and employees' philanthropic engagement. The ...

"The Social Good Startup Program allows us to work with cutting edge startups in the social impact space to accelerate the speed and variety of innovation that our customers receive, on top of delivering the essential software and capabilities that Blackbaud is known for," said Jerry Needel, vice president and chief of innovation, Blackbaud. "We're excited to see what the companies in this cohort can bring to the table to benefit Blackbaud customers who are out there making a difference in the world every d ...

Blackbaud (BLKB) recently added a series of unique capabilities to its comprehensive grants management platform — Blackbaud Grantmaking. These enhancements aim to simplify the grantmaking process for fundraisers and grantmakers, allowing both parties to leverage the same portal for requesting applications and choosing the right organizations for donation. One of the standout features of the updated Blackbaud Grantmaking is the new applicant-centric portal. This innovative solution allows grant applicants to ...

CHARLESTON, S.C., July 18, 2024 /PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the leading provider of software for powering social impact, today announced its board of directors has reauthorized, expanded and replenished the company's existing stock repurchase program, raising the total capacity from $500 million to $800 million available for repurchases of the company's common stock. "We believe there is no better use of capital at this time than repurchasing shares at this valuation to improve shareholder val ...