Blackbaud(BLKB) - 2024 Q2 - Quarterly Results

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 ...