Blackbaud (BLKB) reported earnings 30 days ago. What's next for the stock?
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BLKB's first-quarter earnings and revenues surpass estimates. It reiterates its guidance for full-year 2025.
Blackbaud, Inc. (NASDAQ:BLKB ) Q1 2025 Earnings Conference Call April 30, 2025 8:00 AM ET Company Participants Mike Gianoni - President, CEO Tony Boor - CFO Chad Anderson - Chief Accounting Officer Tom Barth - Head of IR Conference Call Participants Brian Peterson - Raymond James Rob Oliver - Baird Matthew Kikkert - Stifel Koji Ikeda - Bank of America Kirk Materne - Evercore ISI Operator Greetings and welcome to the Blackbaud's First Quarter 2025 Earnings Conference Call. At this time all participants are in a listen-only mode.
Blackbaud (BLKB) came out with quarterly earnings of $0.96 per share, beating the Zacks Consensus Estimate of $0.90 per share. This compares to earnings of $0.93 per share a year ago.
An upgrade from Merchant Services, Blackbaud Integrated Payments expands its accessibility to third-party software providers through the Payments API.
Investors need to pay close attention to Blackbaud (BLKB) stock based on the movements in the options market lately.
Blackbaud (BLKB) reported earnings 30 days ago. What's next for the stock?
BLKB reports fourth-quarter results, with the top line missing estimates but the bottom line meeting the same. It provides guidance for 2025.
Blackbaud's growth rates deteriorated further in Q4, especially after its sale of underperforming subsidiary EVERFI. Blackbaud's reliance on M&A has led to a highly leveraged balance sheet with $1 billion in net debt and poor acquisition outcomes. The company's new pricing strategy, involving significant rate increases, risks higher customer churn, further stalling revenue growth.