Blackbaud Q4 GAAP net loss $330.8M on $405.4M EVERFI charges; non-GAAP EPS $1.08

BLACKBAUD INC

2024-FY EPS reported -$5.60 revenue$1,155,495,000

GAAP net loss of $330.8M ($6.74 diluted loss per share) driven by $405.4M EVERFI impairment and disposition charges.
Non-GAAP net income $54.4M, non-GAAP diluted EPS $1.08 (down $0.06 YoY); revenue $302.2M (+2.4% GAAP, +3.2% non-GAAP organic).
Non-GAAP adjusted EBITDA $102.2M (margin 33.8%, up 20 bps); free cash flow $56.5M (margin 18.7%, up 2,500 bps).
Recurring revenue $296.2M (98% of total); non-GAAP organic recurring revenue up 3.1%.
Repurchased 10% of outstanding stock in 2024; plans to buy back 3% to 5% of total shares in 2025.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.