earnings
confidence high
sentiment positive
materiality 0.80
Blackbaud Q2 revenue up 6.0% to $287.3M; non-GAAP EPS $1.08; board approves $800M buyback
BLACKBAUD INC
2024-Q2 EPS reported
$0.52
revenue$566,536,000
- GAAP total revenue $287.3M (+6.0% YoY); GAAP diluted EPS $0.42 vs $0.04 prior year.
- Non-GAAP organic revenue growth 6.7%; Social Sector (88% of revenue) grew 8.5%.
- Non-GAAP adjusted EBITDA $102.5M, margin 35.7% (+290 bps YoY).
- Non-GAAP diluted EPS $1.08, up $0.10 from Q2 2023.
- Board authorized expanded $800M stock repurchase program.