Welcome to our dedicated page for Blackbaud news (Ticker: BLKB), a resource for investors and traders seeking the latest updates and insights on Blackbaud stock.
The Blackbaud Inc (NASDAQ: BLKB) news page aggregates the latest press releases, product announcements, financial results, and industry developments affecting the social impact software provider. Blackbaud serves nonprofits, educational institutions, foundations, and corporations with cloud-based platforms for fundraising, financial management, grantmaking, and corporate social responsibility.
News coverage typically focuses on product innovation and feature releases across Blackbaud's portfolio including Raiser's Edge NXT for donor management, Financial Edge NXT for nonprofit accounting, and Blackbaud Grantmaking for foundations. The company regularly announces AI-powered capabilities, workflow automation enhancements, and integration improvements designed to increase productivity for social impact organizations.
Financial news includes quarterly earnings reports, revenue guidance updates, profitability metrics, and strategic initiatives. As a publicly traded SaaS company, Blackbaud provides updates on subscription revenue growth, customer retention rates, operating margins, and long-term performance targets. Investor-focused announcements detail business model evolution and market expansion strategies within the social impact technology sector.
Partnership announcements reveal collaborations with technology providers, industry associations, and social impact organizations. These partnerships often focus on expanding platform capabilities, integrating third-party services, or advancing sector-wide standards for nonprofit technology. Strategic acquisition news covers transactions that bring new products, customer segments, or technical capabilities into the Blackbaud ecosystem.
Customer success stories and case studies demonstrate how organizations leverage Blackbaud platforms to achieve fundraising goals, improve operational efficiency, or expand programmatic impact. Industry recognition, awards, and workplace culture achievements also feature in company news releases, reflecting corporate reputation and employer brand positioning.
Thought leadership content includes executive perspectives on nonprofit technology trends, digital transformation in the social sector, the role of artificial intelligence in philanthropy, and best practices for fundraising and financial management. Conference participation, event sponsorships, and educational programming announcements highlight Blackbaud's community engagement within the nonprofit and education sectors.
Blackbaud (NASDAQ: BLKB) has officially adopted a remote-first workforce approach following successful operations since the COVID-19 pandemic began. The company reports a 50% increase in job applications and 80% of hires are for remote positions in 2021, enhancing talent acquisition and diversity. Additionally, 40% of employees have progressed in their careers over the past year. The transition aims to reduce environmental impact while maintaining a focus on community involvement and employee well-being.
Blackbaud (NASDAQ: BLKB) has announced a multi-year, six-figure donation to Big Brothers Big Sisters to enhance equity and workforce diversity. This contribution supports the BIG Beyond Scholar Program in Charleston, targeting career and educational readiness for under-resourced youth. Over three years, Blackbaud will assist 25-30 students annually, providing mentorship and internship opportunities. The program aims to share successful strategies with similar organizations globally, reinforcing Blackbaud's commitment to social good and community investment.
Blackbaud (NASDAQ: BLKB), a leader in cloud software for social good, will announce its third quarter 2021 financial results on November 3, post-market closure. A conference call is scheduled for November 4 at 8:00 a.m. ET to discuss these results. Blackbaud serves a diverse social good community, offering a range of solutions, including fundraising and CRM, tailored to various sectors. This upcoming financial report is crucial for investors monitoring the company’s performance amidst ongoing market dynamics.
Blackbaud (NASDAQ: BLKB) successfully held its annual bbcon 2021 Virtual conference, attracting nearly 25,000 registrants. The event highlighted innovations that enhance customer efficiency, including updates to Blackbaud Grantmaking, accounts receivable, and a new Payment Terminal. Notable speakers like Laura Dern and LeVar Burton shared insights on social good and resilience. The company also launched Giving Checkout in the U.S., covering transaction costs for nonprofits. With Blackbaud's commitment to customer support, they unveiled free eLearning resources during the pandemic.
Blackbaud (NASDAQ: BLKB) has announced that Grammy-winning artist Colbie Caillat will perform at the bbcon 2021 Virtual conference, scheduled for Oct. 13–15. The event is free and features engaging sessions for social good professionals. Dr. Pippa Grange, a renowned sports psychologist, will also join the mainstage. The conference promises over 140 informative sessions aimed at various sectors including nonprofits and educational institutions, enhancing networking and learning opportunities for attendees.
Blackbaud (NASDAQ: BLKB) announced that LeVar Burton will be a mainstage speaker at the bbcon 2021 Virtual conference, scheduled for October 13–15. This free event currently has over 11,000 registrants and will feature more than 100 sessions aimed at social good professionals. Burton, known for his advocacy in literacy and social good, will share insights with the audience. The conference aims to provide valuable content across various sectors, including nonprofits and educational institutions.
Blackbaud (NASDAQ: BLKB) reported its Q2 2021 financial results, revealing total GAAP revenue of $229.4 million, down 1.1% from the previous year, while GAAP recurring revenue rose slightly by 0.3% to $217.0 million. Non-GAAP diluted earnings per share dipped to $0.82, a decline of $0.03. The company achieved a GAAP net cash flow of $69.8 million, reflecting an increase of $7.8 million. Blackbaud repurchased 405,047 shares totaling $30 million, with $151 million left under the share buyback program. The company is confident in exceeding its 2021 free cash flow target of $100 million.
Blackbaud (NASDAQ: BLKB) will report its second quarter 2021 financial results on August 3, following market close. A conference call is scheduled for August 4 at 8:00 a.m. ET to discuss the results. Blackbaud, the leading cloud software company for social good, has provided services for over four decades and serves various sectors, including nonprofits, education, and health. The company emphasizes its commitment to empowering organizations through tailored solutions.
Blackbaud (NASDAQ: BLKB) has released its ninth-annual Industry Review focusing on Employee Engagement and Corporate Social Responsibility (CSR). Analyzing data from over 280 companies and 7.2 million employees in 2020, key findings include an increase in median employee donation amounts by $447 and significant contributions to disaster relief, totaling over $9 million.
The report emphasizes how companies adapted their CSR strategies during the pandemic and highlights the engagement of smaller firms as particularly strong.
Blackbaud (NASDAQ: BLKB) has announced that award-winning actress and activist Laura Dern will headline the bbcon 2021 Virtual conference, taking place from Oct. 13-15, 2021. This free, virtual event aims to empower social good professionals with over 100 sessions on various topics. Dern is recognized for her advocacy in gender equality and supporting nonprofits. Last year, the conference attracted 38,000 registrants, and over 8,000 have signed up for this year's event.
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