secwatch.observer — SEC 8-K summary
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Issuer:     BLACKBAUD INC (BLKB)
CIK:        0001280058
Form:       8-K
Filed at:   2024-07-30T23:59:59+00:00
Accession:  0001280058-24-000054
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Blackbaud Q2 revenue up 6.0% to $287.3M; non-GAAP EPS $1.08; board approves $800M buyback
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1280058/000128005824000054/0001280058-24-000054-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1280058/000128005824000054/blkb-20240730.htm
  HTML page:      https://secwatch.observer/filing/0001280058-24-000054

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer