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.
Blackbaud Inc (NASDAQ: BLKB) delivers cloud software solutions that empower mission-driven organizations across the social good sector. This news hub provides investors and stakeholders with centralized access to official updates, financial disclosures, and strategic developments from the nonprofit technology leader.
Our curated collection features earnings reports, product innovation announcements, and strategic partnership updates directly from Blackbaud. Users will find timely information on fundraising technology advancements, financial management tools, and corporate social responsibility initiatives that shape the company's market position.
Key content categories include quarterly financial results, acquisitions in the social impact software space, executive leadership updates, and new feature releases for platforms serving nonprofits and educational institutions. The repository is continuously updated to reflect Blackbaud's evolving role in enabling digital transformation for organizations driving societal change.
Bookmark this page for streamlined access to verified information about BLKB's operational milestones and technology roadmap. Combine these resources with fundamental analysis tools to make informed decisions about this specialized software provider.
Blackbaud (NASDAQ: BLKB) has appointed Bradley Pyburn, retired Air Force major general and former chief of staff for U.S. Cyber Command, to its board of directors. Pyburn brings over 30 years of cybersecurity and IT experience from his military career spanning 1991-2024.
During his service, Pyburn held key positions including Chief Information Officer of Air Combat Command and Deputy Commander of U.S. Air Force Cyber, managing thousands of personnel and multi-billion-dollar budgets. He led U.S. Cyber Command's first AI strategy implementation in cybersecurity operations.
Pyburn holds multiple advanced degrees, including three Master of Science degrees in National Resource Strategy, Military Studies, and Computer Science.
Blackbaud (NASDAQ: BLKB) has been named to Newsweek's America's Most Responsible Companies 2025 list for the fourth consecutive year, ranking 15th in the Software industry category. The company, which provides software for powering social impact, is among 600 companies recognized for their commitment to positive global impact.
Chief People and Culture Officer Margaret 'Maggie' Driscoll highlighted Blackbaud's dedication to accelerating social impact and driving stakeholder value. The company has advanced its environmental, social, and governance (ESG) priorities, focusing on people and culture, social impact, climate solutions, and data responsibility. Blackbaud is also implementing AI through its Intelligence for Good® initiative.
Additionally, Blackbaud earned recognition on Newsweek's America's Greenest Companies 2025 list and TIME's America's Best Mid-Size Companies 2024 list.
Blackbaud (NASDAQ: BLKB) will ring the Nasdaq closing bell to kick off GivingTuesday, highlighting the importance of the holiday giving season. The company notes that charitable organizations receive approximately 20% of annual donations in December. Through its software solutions, Blackbaud powers social impact organizations worldwide, including the Apollo Theater Foundation, Burger King Foundation, Porter-Gaud School, SiriusXM, and the NHL. The company has introduced new features in its Blackbaud Donation Forms, including Intelligent Ask powered by Blackbaud AI and an optimized donation form with goal meter functionality, aimed at improving fundraising efficiency and donor experience.
EVERFI from Blackbaud announced major updates to its EVERFI Achieve product, a financial education tool designed for banks and credit unions. The enhanced platform features a mobile-first design, personalized content, and new Learner Pathways focused on debt repayment and emergency savings. According to an August 2024 survey, over 70% of adults feel stressed about financial decisions, with only 20% confident in their knowledge.
The platform now includes more than 100 topics, with 13 new resources covering areas like home equity loans and social security benefits. Two new Learner Pathways help users create customized plans for debt management and emergency savings, responding to statistics showing 77% of Americans are anxious about finances and 58% lack separate emergency funds.
Blackbaud (NASDAQ: BLKB) is hosting its semi-annual Product Update Briefings virtually from Nov. 12-15, showcasing recent innovations and future roadmap direction for its software suite. The briefings highlight key advancements in AI technology and six waves of innovation announced at bbcon 2024. Key updates include transformational user experience enhancements for Raiser's Edge NXT, Payment Assistant automation in Financial Edge NXT, new connectivity options for Blackbaud CRM, accelerated corporate donation processing in YourCause, improved data intelligence through LiveRamp partnership, and AI innovations for K-12 solutions.
Blackbaud (NASDAQ: BLKB) reported its Q3 2024 financial results with total revenue of $286.7 million, up 3.3% year-over-year. The company's recurring revenue reached $280.0 million, representing 98% of total revenue. GAAP net income was $20.5 million with earnings per share of $0.40. The company's Social Sector, representing 89% of total revenue, grew at 6.6%. However, due to EVERFI's underperformance, Blackbaud revised its 2024 guidance to revenue of $1.150-1.160 billion with adjusted EBITDA margin of 33.0-34.0%.
Blackbaud (NASDAQ: BLKB), the leading provider of software for powering social impact, has announced its upcoming third quarter 2024 financial results release. The company will report its financial results on Wednesday, October 30, 2024, before the U.S. financial markets open for trading.
In conjunction with this announcement, Blackbaud will host a conference call at 8:00 a.m. ET on the same day to discuss the company's financial results. Interested parties can access the live webcast through the investor webpage on Blackbaud's website. Additionally, a live dial-in option is available at 1-877-407-3088. The webcast will be archived on Blackbaud's investor webpage following the call for future reference.
Blackbaud (NASDAQ: BLKB) hosted its annual technology conference, bbcon 2024, in Seattle, Washington, bringing together thousands of social impact professionals both in-person and virtually. The event featured product announcements, keynote speeches, and over 150 breakout sessions focused on various aspects of social impact technology.
Key highlights included:
- Announcement of AI-powered solutions and enhanced functionality for Blackbaud's core products
- Keynote speeches by Emmy award-winning actress Sheryl Lee Ralph and mental health advocate Dr. Alex George
- Hands-only CPR training provided by the American Red Cross
- Recognition of achievements through the Blackbaud Impact Awards, Social Good Startup Showcase, and Partner Network Awards
The next bbcon is scheduled for October 6-8, 2025, in Philadelphia. Blackbaud will also host Product Update Briefings from November 12-14, 2024.
Blackbaud (NASDAQ: BLKB), the leading provider of software for powering social impact, announced a wide range of innovations at its annual bbcon conference. Key updates include:
1. AI-powered enhancements to Raiser's Edge NXT and Financial Edge NXT, including Blackbaud Copilot for natural language interactions.
2. Improved fundraising tools with optimized donation forms and tap-to-pay capabilities.
3. Enhanced financial management features, including automated invoice scanning and bill pay.
4. Expanded integrations and extensibility options through the Blackbaud Marketplace and new partner connections.
These innovations aim to help social impact organizations raise more funds, save time, and make data-driven decisions. Blackbaud plans to deliver 100% of core Financial Edge NXT capabilities in a unified view by Q1 2025.
The Blackbaud Institute has released a new report titled 'First Impressions: Spontaneous Giving Insights', revealing key trends in spontaneous giving. The study defines spontaneous donors as those making unplanned first-time donations within the last 12 months. Key findings include:
- Spontaneous giving is 25% higher among Millennial, Gen Z, and Black donors
- 72% of spontaneous gifts went to familiar organizations
- Gen Z primarily learns about giving opportunities through social media
- 75% of spontaneous donors prioritize trust, reputation, and ease of donation for repeat giving
- 44% of potential repeat donors want regular updates
The report aims to help nonprofits secure and retain spontaneous givers, particularly younger donors and donors of color.
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