{"schema_version":"secwatch.filing_event.v1","accession":"0001280058-23-000034","form_type":"8-K","ticker":"BLKB","cik":"0001280058","company_name":"BLACKBAUD INC","filed_at":"2023-08-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.419485+00:00","generated_at":"2026-06-12T17:10:54.011850+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Blackbaud Q2 revenue $271M (+2.3%); non-GAAP diluted EPS $0.98; guidance raised","bullets":["GAAP revenue $271.0M (+2.3% YoY), recurring revenue $262.4M (+3.9%); non-GAAP organic recurring +4.4%.","GAAP operating income $0.3M (margin 0.1%) includes $26.8M security incident costs; non-GAAP operating margin 27.4% (+680bps).","Non-GAAP adjusted EBITDA $88.8M (+$18.2M), margin 32.8% (+620bps); GAAP diluted EPS $0.04.","Management expects high-single-digit organic revenue growth by Q4 and Rule of 40 well ahead of prior 2025 target.","Reiterated increased 2023 financial guidance; highlighted progress on five-point operating plan and AI platform."],"urls":{"canonical":"https://secwatch.observer/filing/0001280058-23-000034","json":"https://secwatch.observer/filing/0001280058-23-000034.json","markdown":"https://secwatch.observer/filing/0001280058-23-000034.md","text":"https://secwatch.observer/filing/0001280058-23-000034.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1280058/000128005823000034/0001280058-23-000034-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1280058/000128005823000034/blkb-20230801.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T17:10:54.011850+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"0aa7a76b1caf6c98a4bd00bf608cc4893b6bd30e","claim":"BLACKBAUD INC reported the quarter ended June 30, 2023 results: revenue $271.0 million, net income $2.1 million, EPS $0.04. Guidance reaffirmed.","evidence_excerpt":"Second Quarter 2023 Results Compared to Second Quarter 2022 Results: • GAAP total revenue was $271.0 million, up 2.3%, with $262.4 million in GAAP recurring revenue, up 3.9%. • Non-GAAP organic recurring revenue increased 4.4%. • GAAP income from operations was $0.3 million, inclusive of security incident-related costs of $26.8 million, with GAAP operating margin of 0.1%, an increase of 10 basis points. • Non-GAAP income from operations was $74.1 million, with non-GAAP operating margin of 27.4%, an increase of 680 basis points. • GAAP net income was $2.1 million, with GAAP diluted earnings per share of $0.04, up $0.11 per share.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1280058/000128005823000034/0001280058-23-000034-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended June 30, 2023"},{"label":"Revenue","value":"$271.0 million"},{"label":"Net income","value":"$2.1 million"},{"label":"EPS","value":"$0.04"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}