Blackbaud

Blackbaud, Inc. engages in the provision of cloud-based and on-premises software solutions and related services for the global philanthropic community. It offers solutions for fundraising and constituent relationship management (CRM), marketing, advocacy, accounting, peer-to-peer fundraising, corporate social responsibility (CSR), school management, ticketing, financial management, payment processing, and analytics. The company was founded by Anthony E. Bakker in 1981 and is headquartered in Charleston, SC.

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Blackbaud surpasses $1 billion revenue, targets 30% EBITDA margin

Blackbaud's Q4 2022 Earnings Call showcased strong financial performance, cost management, and governance improvements. The company aims for further margin expansion, workforce reductions, and revenue growth in 2023. Opportunities in pricing initiatives, data center optimization, and vertical growth are key focus areas.

Blackbaud reports strong Q1 results and raises 2023 guidance

Blackbaud's Q1 performance reflects revenue growth, strong bookings, and transactional revenue expansion, driven by strategic initiatives.
The company's focus on product innovation, cost management, and pricing strategies is enhancing operational efficiency and financial performance.
Despite challenges related to cybersecurity and contract renegotiations, Blackbaud is well-positioned for high single-digit growth and improved Rule of 40 performance.

Blackbaud reports Q2 revenue growth and aims for accelerated metrics

Blackbaud's Q2 performance reflects solid revenue growth, margin expansion, and successful execution of the 5-point plan, positioning the company for high single-digit organic revenue growth by Q4.
Despite challenges in pricing and competition, Blackbaud's core strengths in customer retention, revenue visibility, and product innovation offer opportunities for sustained growth and value creation.
With a focus on achieving Rule of 40 metrics ahead of schedule, Blackbaud aims to drive sustainable growth through continued revenue optimization and margin expansion strategies.

Blackbaud exceeds expectations in Q3, eyes significant growth ahead

Blackbaud's Q3 performance was robust, showcasing growth and innovation. Despite challenges in donation size and a slow start to the year, the company remains optimistic about future prospects. By prioritizing organic growth and strategic acquisitions, Blackbaud aims to drive value for shareholders and capitalize on emerging opportunities.

Blackbaud reports robust Q4 earnings, eyes growth amid investment challenges

Blackbaud's Q4 2023 showcased strong financial performance and exceeded full-year guidance, with a focus on revenue growth and cost management initiatives.
The company's strategic investments in AI, cybersecurity, and product innovation present challenges and opportunities for driving profitable growth in 2024.
Commitment to shareholder value through stock repurchases and prudent investments underscores Blackbaud's financial strength and strategic focus.
Excitement for continued momentum in 2024 indicates a positive outlook for sustained growth and profitability through innovation and financial discipline.

Blackbaud reports strong Q1 earnings, focuses on innovation and growth

Blackbaud showcased strong financial performance, product innovations, and a commitment to maximizing shareholder value.
Challenges such as divestitures and managing costs were addressed, with a focus on seizing growth opportunities.
The company's optimism about progress, focus on innovation, and commitment to delivering value were key takeaways.

Blackbaud revises 2024 guidance, emphasizes innovation and growth strategies

Blackbaud's Q3 performance showcased resilience amidst challenges, with a focus on innovation and customer success.
The company's strategic initiatives and strong financial position position it well for future growth.
Despite challenges from EVERFI, Blackbaud remains committed to enhancing value for stakeholders.

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Software company Blackbaud Inc has agreed to pay $3 million to settle charges it made misleading disclosures about a 2020 ransomware attack that impacted over 13,000 customers, the U.S. Securities and Exchange Commission said on Thursday.

Software firm Blackbaud to pay $3 mln for misleading disclosures on ransomware attack -SEC

Washington, D.C.--(Newsfile Corp. - March 9, 2023) - The Securities and Exchange Commission today announced that Blackbaud Inc., a South Carolina-based public company that provides donor data management software to non-profit organizations, agreed to pay $3 million to settle charges for making misleading disclosures about a 2020 ransomware attack that impacted more than 13,000 customers.

SEC Charges Software Company Blackbaud Inc. for Misleading Disclosures About Ransomware Attack That Impacted Charitable Donors

Blackbaud (BLKB) announces SKY API endpoints for Blackbaud CRM and Blackbaud Altru, which will aid customers in transforming their businesses.

Blackbaud (BLKB) to Launch SKY API's for CRM & Altru Solutions

Industry-Standard REST APIs Will Enable Customers and Partners to Rapidly Develop Robust, Reliable Applications and Extensions, Amplifying the Power of Blackbaud Solutions CHARLESTON, S.C. , March 6, 2023 /PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the world's leading cloud software company powering social good, has announced the general availability of SKY API® endpoints for Blackbaud CRM™ and Blackbaud Altru® that will make it easier for customers to further expand and extend the capabilities of these solutions to meet their fundraising and constituent engagement goals—and to ultimately drive better outcomes and achieve their missions.

Blackbaud Releases SKY APIs® for Blackbaud CRM™ and Blackbaud Altru®

Blackbaud's (BLKB) performance is benefiting from strength in its recurring revenues.

Here's Why Investors Should Bet on Blackbaud (BLKB) Stock

PC Connection

Meta Materials

Model N

ZeroFox Holdings Inc

The most oversold stocks in the information technology sector presents an opportunity to buy into undervalued companies.

Top 5 Tech Stocks That Are Preparing To Pump In February - Blackbaud (NASDAQ:BLKB), PC Connection (NASDAQ:CNXN)

Blackbaud, Inc. (NASDAQ:BLKB ) Q4 2022 Earnings Conference Call February 14, 2023 8:00 AM ET Company Participants Steve Hufford - Director, Investor Relations Mike Gianoni - President and CEO Tony Boor - Executive Vice President and CFO Conference Call Participants Brian Peterson - Raymond James Parker Lane - Stifel Rob Oliver - Baird Kirk Materne - Evercore ISI Koji Ikeda - Bank of America Matt VanVliet - BTIG Operator Good day, and welcome to Blackbaud's First - Fourth Quarter and Full Year 2022 Earnings Conference Call. Today's conference is being recorded.

Blackbaud, Inc. (BLKB) Q4 2022 Earnings Call Transcript

Blackbaud's (BLKB) fourth-quarter 2022 revenues benefit from increased recurring revenues.

Blackbaud (BLKB) Q4 Earnings Top Estimates, Revenues Rise Y/Y

Blackbaud (BLKB) delivered earnings and revenue surprises of 17.24% and 0.78%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Blackbaud (BLKB) Q4 Earnings Beat Estimates

Full Year 2022 Total Revenue Exceeded $1 Billion with 14% Growth; Full Year 2022 Financial Results Met or Exceeded Guidance; Blackbaud Announces Full Year 2023 Financial Guidance with Substantial Margin Expansion CHARLESTON, S.C. , Feb. 13, 2023 /PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the world's leading cloud software company powering social good, today announced financial results for its fourth quarter and full year ended December 31, 2022.

Blackbaud Announces 2022 Fourth Quarter and Full Year Results

Study conducted by Lynch Research Associates shows that students see significant knowledge gain upon completion of the EVERFI course WASHINGTON , Feb. 9, 2023 /PRNewswire/ -- Today EVERFI, a leading social impact education innovator, released the findings from a new study evaluating the efficacy of its high school Prescription Drug Safety curriculum. The digital curriculum showed a positive and lasting impact on behavioral intent and attitude as it relates to prescription drug use.

New Study Reveals EVERFI's Prescription Drug Safety Curriculum Promotes Responsible Behavioral Intent Among Teens

Blackbaud (BLKB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Blackbaud (BLKB) Q4 Earnings Expected to Decline

CHARLESTON, S.C. , Jan. 30, 2023 /PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the world's leading cloud software company powering social good, will report its fourth quarter and full year 2022 financial results on Monday, February 13, after the U.S. financial markets close for trading.

Blackbaud Announces Date of Fourth Quarter and Full Year 2022 Financial Results

Blackbaud's Annual Major Gift Will Encourage Workforce Development and Economic Empowerment by Championing Underrepresented Youth Around the World   CHARLESTON, S.C. , Jan. 26, 2023 /PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the world's leading cloud software company powering social good, today announced it will focus its 2023 philanthropic efforts on supporting diversity, equity and inclusion in partnership with five global organizations in each of the regions where Blackbaud operates: Action for Race Equality in the U.K., Braven in the U.S., Indspire in Canada, the Omar Dengo Foundation in Costa Rica, and the Ladder Project Foundation in Australia.

Blackbaud Announces Global Support for Five Organizations Focused on Diversity, Equity and Inclusion

Making the List of 50 Most Influential People for the Fifth Year, Gianoni is Named to the Hall of Fame for His Contributions to the Charleston, S.C., Community CHARLESTON, S.C.

Blackbaud CEO Mike Gianoni Named to Charleston Business Magazine's 50 Most Influential Hall of Fame

The Company Shares Ways It Has Given Back to Global Communities in 2022 CHARLESTON, S.C. , Dec. 20, 2022 /PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the world's leading cloud software company powering social good, today shared ways it is supporting generosity and philanthropy through its global corporate social responsibility (CSR) program.

Blackbaud Powers Social Good Through Corporate Citizenship

CHARLESTON, S.C. , Dec. 19, 2022 /PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the world's leading cloud software company powering social good, has named Chad Anderson chief accounting officer.

Blackbaud Names Chad Anderson Chief Accounting Officer

Yogesh K. Gupta and Rupal S. Hollenbeck Join Blackbaud's Board of Directors CHARLESTON, S.C.

Blackbaud Appoints Two New Directors to Its Board

CHARLESTON, S.C. , Dec. 7, 2022 /PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the world's leading cloud software company powering social good, has been named to Newsweek's list of America's Most Responsible Companies 2023.

Blackbaud Named to Newsweek's List of America's Most Responsible Companies for Second Consecutive Year

Blackbaud's YourCause Portfolio Helps Companies Transform Employee Engagement  CHARLESTON, S.C. , Dec. 6, 2022  /PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the world's leading cloud software company powering social good, is pleased to announce that CIOReview, a technology magazine, has recognized YourCause from Blackbaud as a top 10 provider for employee engagement solutions in their Human Resources (HR) Technology edition.

YourCause® from Blackbaud® Recognized as a Top Ten HR Technology Solution by CIOReview

Blackbaud (BLKB) reported earnings 30 days ago. What's next for the stock?

Why Is Blackbaud (BLKB) Up 6.9% Since Last Earnings Report?

Blackbaud Will Ring the Nasdaq Closing Bell Today to Kick Off the Global Start of the Worldwide Giving Day CHARLESTON, S.C. , Nov. 28, 2022 /PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the world's leading cloud software company powering social good, today will ring the closing bell at Nasdaq to celebrate the 10th anniversary of GivingTuesday, the global movement focused on spreading generosity on the Tuesday following Black Friday and Cyber Monday.

Blackbaud Celebrates Social Good Organizations Making an Impact on GivingTuesday

Here's Why Blackbaud (BLKB) Seems an Attractive Investment Bet

Corebridge Financial Inc

HOUSTON--( BUSINESS WIRE )--Corebridge Financial and EVERFI today announced findings from a newly released survey of more than 16,000 college students nationwide.

College Students Reporting Increased Levels of Financial Anxiety

Blackbaud, Inc. (NASDAQ:BLKB ) Q3 2022 Results Conference Call November 2, 2022 8:00 AM ET Company Participants Steve Hufford - Director, Investor Relations Mike Gianoni - President and CEO Tony Boor - Executive Vice President and CFO Conference Call Participants Jeffrey Lane - Stifel Matt VanVliet - BTIG Peter Burkly - Evercore ISI Brian Peterson - Raymond James Patrick Schulz - Baird Operator Good day, and welcome to Blackbaud's Q3 2022 Earnings Call. Today's conference is being recorded.

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