Blackbaud (NASDAQ:BLKB) reported its Q1 earnings results on Wednesday, May 3, 2023 at 06:00 AM.
Here’s what investors need to know about the announcement.
Earnings
Blackbaud beat estimated earnings by 2.86%, reporting an EPS of $0.72 versus an estimate of $0.7.
Revenue was up $4.63 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.08 which was followed by a 5.36% drop in the share price the next day.
Here’s a look at Blackbaud’s past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.60 | 0.60 | 0.67 | 0.66 |
| EPS Actual | 0.68 | 0.69 | 0.75 | 0.57 |
| Revenue Estimate | 278.20M | 261.06M | 266.88M | 253.10M |
| Revenue Actual | 274.76M | 261.30M | 264.93M | 257.12M |
To track all earnings releases for Blackbaud visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
