Blackbaud Posts Q3 Adjusted EPS of $1.36
BLKB has more than doubled off its 52-week low of $25.58.
Summary
Blackbaud reported third-quarter adjusted EPS of $1.36, net income of $46.1M, GAAP revenue of $292.6 million, up 4.1%, GAAP diluted EPS of $1.02 and a non-GAAP operating margin of 32.3%. Full-year 2026 guidance was reaffirmed, expecting the upper half of all four metrics. The company has been buying back stock aggressively, with the expanded $1B program cutting shares about 15% in Q2, which lifts per-share results.
Updated with an SEC 8-K filing · What changed
Updates
· SEC 8-K — Blackbaud's Q3 GAAP revenue was $292.6 million, up 4.1%, with GAAP diluted EPS of $1.02 and non-GAAP operating margin of 32.3%; full-year 2026 guidance reaffirmed, expecting the upper half of all four metrics.
At the time of this announcement, BLKB was trading at $53.61 on NASDAQ in the Technology sector, with a market capitalization of approximately $2.4B. The 52-week trading range was $25.58 to $70.71. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.