Blackbaud Q3 Earnings & Revenues Miss Estimates, Stock Tanks
BLKBBlackbaud(BLKB) ZACKS·2024-10-31 22:15

Blackbaud (BLKB) reported third-quarter 2024 non-GAAP earnings per share (EPS) of 99 cents, which missed the Zacks Consensus Estimate by 5.7%. The bottom line decreased 11.6% year over year.Stay up-to-date with all quarterly releases: See Zacks Earnings CalendarTotal revenues jumped 3.3% year over year to $286.7 million. Revenues missed the Zacks Consensus Estimate by 2.4%.Total recurring revenues (contributed 98% to total revenues) in the reported quarter amounted to $280 million, up 4.1% year over year. T ...