CHARLESTON, S.C. (AP) — CHARLESTON, S.C. (AP) — Blackbaud Inc. (BLKB) on Wednesday reported first-quarter net income of $4.9 million.
On a per-share basis, the Charleston, South Carolina-based company said it had net income of 10 cents. Earnings, adjusted for one-time gains and costs, were 96 cents per share.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 90 cents per share.
The software and services provider in the nonprofit sector posted revenue of $270.7 million in the period.
Blackbaud expects full-year earnings in the range of $4.16 to $4.35 per share, with revenue in the range of $1.12 billion to $1.13 billion.
Blackbaud shares have dropped 13% since the beginning of the year. The stock has declined 19% in the last 12 months.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BLKB at https://www.zacks.com/ap/BLKB
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。