Blackbaud's Q4 Earnings Match Estimates, Revenues Rise Y/Y, Stock Down

Blackbaud, Inc. (BLKB) reported fourth-quarter 2024 non-GAAP earnings per share (EPS) of $1.08, which was in line with the Zacks Consensus Estimate. The bottom line decreased 5.3% year over year.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar.Total revenues jumped 2.5% year over year to $302.2 million. The top line missed the Zacks Consensus Estimate by 0.9%.Total recurring revenues (contributed 98% to total revenues) in the reported quarter amounted to $296.2 million, up 3.1% year ...