Blackbaud, Inc. (NASDAQ:BLKB ) Q3 2024 Earnings Conference Call October 30, 2024 8:00 AM ET Company Participants Mike Gianoni - President, Chief Executive Officer, Vice Chairman of the Board of Directors Tony Boor - Chief Financial Officer, Executive Vice President of Finance, Administration Tom Barth - Head of Investor Relations Conference Call Participants Rob Oliver - Baird Brian Peterson - Raymond James Parker Lane - Stifel Matt VanVliet - BTIG Kirk Materne - Evercore Operator Greetings, and welcome to the Blackbaud Third Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
Blackbaud (BLKB) came out with quarterly earnings of $0.99 per share, missing the Zacks Consensus Estimate of $1.05 per share. This compares to earnings of $1.12 per share a year ago.
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.
BLKB launches modern donation forms for CRM and Altru users, aiding social impact organizations to enhance donor engagement and drive fundraising efforts.
Blackbaud, Inc. BLKB recently collaborated with its long-standing partner Microsoft to incorporate Microsoft AI and analytics into software, designed for the distinct operational needs of social impact organizations, eliminating the necessity for expensive customizations. The new product innovations will provide more value to nonprofits and education markets by helping them create a bigger impact, gain better insights and work more efficiently.
Blackbaud (BLKB) reported earnings 30 days ago. What's next for the stock?
Although the revenue and EPS for Blackbaud (BLKB) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Blackbaud's (BLKB) Q2 performance gains from strong growth in recurring revenues. The company also reiterates revenue guidance for the full year.
Blackbaud (BLKB) came out with quarterly earnings of $1.08 per share, beating the Zacks Consensus Estimate of $1.04 per share. This compares to earnings of $0.98 per share a year ago.
The addition of unique features to Blackbaud's (BLKB) Grantmaking software empowers both nonprofits and grantmakers to make the funding process more accessible and collaborative than ever before.
Blackbaud recently rejected an $80/share offer for the company by one of its shareholders. The company sits just under that offer value now, and believes it's worth substantially more. Blackbaud's improved revenue performance and contract renewal initiatives make it a strong investment opportunity with potential for growth.
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