Blackbaud (BLKB) reported Q1 adjusted earnings Wednesday of $0.96 per diluted share, up from $0.93 a year earlier.
Analysts polled by FactSet expected $0.90.
Revenue for the quarter ended March 31 was $270.7 million, down from $279.3 million a year earlier.
Analysts surveyed by FactSet expected $268.2 million.
The company reaffirmed its 2025 non-GAAP earnings guidance of $4.16 to $4.35 per diluted share on revenue of $1.12 billion to $1.13 billion. Analysts surveyed by FactSet expect non-GAAP earnings of $4.17 per share on revenue of $1.11 billion.
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