Blackbaud Inc Q4 Earnings Summary

(RTTNews) - Below are the earnings highlights for Blackbaud Inc (BLKB):

Earnings: -$334.543 million in Q4 vs. $5.399 million in the same period last year. EPS: -$6.82 in Q4 vs. $0.10 in the same period last year. Excluding items, Blackbaud Inc reported adjusted earnings of $54.414 million or $1.08 per share for the period.

Analysts projected $1.07 per share Revenue: $302.232 million in Q4 vs. $295.011 million in the same period last year.

Looking ahead, for the full year, the company expects a rise in earnings, but below analysts’ projection.

Blackbaud expects annual adjusted income per share of $4.16 to $4.35, below analysts’ forecast of $4.67 per share.

Annual revenue is projected to be in the range of $1.115 billion to $1.125 billion, compared with Street view of $1.21 billion.

For the full-year 2024, the company has registered adjusted income per share of $4.07 with revenue of $1.155 billion.